Big US Banks See A Slowdown In Loan Growth

US bank executives were optimistic about loan growth, as there was a rebound in borrowing demand from business and retail customers. However, they also warned that there could be a weakness in demand later in the year if consumer confidence suffers because of the worsening outlook of the economy. Loan growth One of the primary … Read more

RNBZ Hikes Its Interest Rate By 50 Basis Points

Fed- Bank of England

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 in order to combat the runaway inflation in the country. Interest rate rises On Wednesday, … Read more