by Jibran Munaf | November 14, 2024 | Economy
India’s Reserve Bank of India (RBI) Governor, Shaktikanta Das, cautioned that while global central banks have skillfully guided economies through recent shocks, risks of inflation re-emerging and economic growth slowing remain prevalent. Speaking at CNBC-TV18’s Global...
by Jibran Munaf | November 13, 2024 | Economy
The latest inflation report has brought no surprises, showing consumer prices rose in October as predicted, reinforcing the Federal Reserve’s trajectory towards a potential interest rate cut in December. The Bureau of Labor Statistics released the October Consumer...
by Jibran Munaf | November 9, 2024 | Economy
Federal Reserve Bank of Minneapolis President Neel Kashkari has suggested that a stronger U.S. economy and increased productivity growth might prompt the Fed to cut interest rates less aggressively than previously anticipated. In his first public comments following...
by Jibran Munaf | November 9, 2024 | Banking, Economy, Green
The Bank of Japan (BOJ) is aiming to keep its inflation target steady at 2% even as it monitors the potential long-term economic effects of climate change, according to Governor Kazuo Ueda. Speaking at a climate impact conference in Basel, Ueda acknowledged that...
by Jibran Munaf | November 9, 2024 | Economy
China has unveiled a 10 trillion yuan ($1.4 trillion) debt package aimed at reviving its slowing economy by allowing local governments to refinance burdensome debt. The plan, announced by Finance Minister Lan Fo’an on Friday, will permit local authorities to borrow up...
by Jibran Munaf | November 8, 2024 | Economy, Finance
Germany’s Chancellor Olaf Scholz appointed Jörg Kukies as the new finance minister on Thursday, following the dismissal of Christian Lindner. The leadership change has escalated pressure on Scholz to initiate a confidence vote, potentially leading to snap elections...
