The central bank of New Zealand delivered its sixth consecutive hike in the country’s interest rate on Wednesday. In fact, the bank also signaled that it was quite comfortable with the aggressive monetary policy tightening path that it has chosen…
This month, it is expected that the Bank of Canada will raise its overnight rate by about 75 basis points and another increase is expected in September by 50 basis points. This would be part of the central bank’s campaign…
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…
Alonzo Powell