End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead
With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds…
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Benchmark Bank Rate
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Deflecting Blame — Bank of England Governor Bailey Accuses UK Retailers of Overcharging Customers
After the Covid-19 pandemic, many people believe the implementation of extensive stimulus measures and quantitative easing (QE) policies…
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark…
IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead
On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central…
US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has…
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading…
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate…