On Tuesday, the Australian central bank hiked up its interest rates for the third month in a row and flagged more hikes ahead, as it is continuously struggling to tackle the rising inflation in the country, even if it means…
According to the numbers, there were more G10 central banks that hiked up their interest rates in June as opposed to any other month in the last twenty years. In addition, it is likely that this policy tightening pace will…
On Friday, the Governor of the central bank of Indonesia said that they were in no hurry to increase the interest rates in the country. This announcement came even as consumer prices in the month of June rose at their…
Sweden and Norway have now joined the list of Nordic central banks that have opted to hike their interest rates by 50 basis points. This has seen them deliver some of their biggest policy tightening moves that had not been…
On Wednesday, the respective heads of different central global banks attended an event in Portugal. The chiefs said that while it would be painful to bring down the soaring inflation in markets all over the world and there was a…
Alonzo Powell