Die Bank of England (BoE) hat auf ihrer gestrigen Sitzung den Leitzins um 0,50 % auf 2,25 % angehoben. Dies ist der höchste Stand seit 2008 (14 Jahre) und die siebte Zinserhöhung in Folge seit Dezember 2021. The BoE also signaled that it will tighten monetary policy further to contain inflation. The Monetary Policy Committee …
The Swiss central bank today raised its key interest rate by 0.75% to 0.5% from -0.25% to curb inflation, which has risen to a 30-year high. The Swiss central bank’s rate hike came after the Federal Reserve raised short-term interest rates by 0.75% to 3.00-3.25% at its meeting yesterday. The Swiss central bank wants to …
The Philippine central bank raised its benchmark interest rate by 0.50% to 4.25% at its meeting today (Sept. 22), the fifth rate hike this year, in a bid to ease inflationary pressures amid the slump in the peso. The Philippine central bank’s rate hike was in line with analysts’ expectations. The Bank of Philippines’ latest …
Bank of Philippines raises interest rates by 0.50% as expected Read More »
Major British bank HSBC Holdings (HSBC) raised its Hong Kong interest rate by 0.125% to 5.125%, effective Sept. 23, after the Hong Kong Monetary Authority (HKMA) today raised its benchmark rate by 0.75% to 3.5%. The move came after the U.S. Federal Reserve (Fed) decided at its meeting on Wednesday (Sept. 21) to raise short-term …
HSBC raises lending rates by 0.125% after Hong Kong’s central bank raises rates Read More »
The Bank of Japan (BOJ) decided to maintain its ultra-loose monetary policy at its meeting today, in line with market expectations. However, this contrasts with other central banks around the world, which are pursuing a tight monetary policy to curb inflation. At the two-day meeting, which ended today (September 22), the BOJ’s Board decided to …
Bank of Japan decided to maintain monetary policy as expected Read More »
The Hong Kong Monetary Authority (HKMA) raised its benchmark interest rate by 0.75% to 3.5% on Thursday (Sept. 22), after the U.S. Federal Reserve raised rates by the same amount. Hong Kong’s monetary policy moves in lockstep with the US. This is because the city’s currency is pegged to the dollar in a range of …
Hong Kong’s central bank raises interest rates after Fed rate hike Read More »
At its meeting yesterday, the Federal Reserve’s Monetary Policy Committee (FOMC) decided to raise the short-term interest rate by 0.75% to 3.00-3.25%, in line with market expectations. The Fed has raised interest rates for the third time in a row by 0.75%. This is the Fed’s toughest move since it made short-term interest rates a …
At its meeting yesterday, the European Central Bank (ECB) decided to raise interest rates by 0.75% in line with market expectations. Effective September 14, the ECB raised the deposit rate to 0.75%, the refinancing rate to 1.25% and the lending rate to 1.50%. The ECB also signaled further rate hikes, stating that “inflation remains too …
The Malaysian central bank raised its key interest rate by 0.25% to 2.50% at its meeting today (Sept. 8), as expected. It has raised rates in three consecutive meetings to curb rising inflation in a fast-growing Malaysian economy. The Malaysian central bank said the Malaysian economy is much stronger and does not need the massive …
The Reserve Bank of Australia (RBA) raised its key interest rate by 0.50% to 2.35% in line with market expectations. This is intended to curb inflation. It is expected that this prime rate increase will cause Australian commercial banks to increase their lending rates. This would mean that if people borrowed $700,000, they would have …
The Reserve Bank of Australia raises interest rates by 0.5% as expected Read More »