The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move, reflecting a cautious pivot towards monetary policy normalization, comes...
Tag : monetary policy
Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released Wednesday. The officials signaled a cautious approach to interest rate...
U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting. Markets closely monitored these developments for signals about future monetary...
European stocks declined on Monday as persistent pressure from elevated government bond yields weighed on investor sentiment. The pan-European STOXX 600 index fell 0.3% by mid-morning, led by losses in technology and industrial goods sectors....
Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index (PMI). The latest data highlighted ongoing challenges across key sectors,...
Business confidence among Japan's major manufacturers improved slightly in December, according to the Bank of Japan's latest Tankan survey released on Friday. The sentiment index rose to 14, up from 13 in September, signaling cautious...
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower...
U.S. Treasury yields remained relatively stable on Monday, with the 10-year note holding firm in the wake of Federal Reserve Chair Jerome Powell's latest comments, which strongly hinted at upcoming rate cuts. Amidst a volatile...
The European Central Bank (ECB) has announced its first interest rate cut since 2019, reducing the key rate from 4% to 3.75%. The decision, which had been signaled for months, comes amid persistent inflationary pressures...
The Central Bank of Egypt (CBE) has announced a significant shift in monetary policy, opting to let market dynamics dictate the value of the Egyptian pound (EGP). Simultaneously, the bank has raised interest rates by...