News

Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
China's central bank to spur financing support for consumption, trade
China's central bank said on Friday it will spur financial institutions to expand support for consumption and foreign trade ...
U.S. dollar’s slide is the ‘bane’ of Asia’s central bankers
Taiwan recently intervened to curb “excessive” inflows after the New Taiwan Dollar jumped 9% against the U.S. dollar in just ...
Cyprus Mail55m
Loan issues dominate Cyprus bank client complaints in 2024
The Central Bank of Cyprus (CBC) and its financial ombudsman service received 154 formal complaints from bank customers in ...
China's central bank to encourage financial support for consumption and trade
China's central bank will guide financial institutions to expand support for consumption and foreign trade, it said in its ...
The Bank of England cuts interest rates as tariffs endanger global economic growth
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation.
Poland’s Central Bank Joins Europe’s Rate-Cutting Wave
The key rate was lowered to 5.25% from 5.7%, its first cut since October 2023.
Brazil central bank hikes rates to near 20-year high, leaves next steps open
Brazil's central bank raised interest rates by 50 basis points on Wednesday in a sixth straight hike that pushed borrowing ...
Czech central bank cuts key interest rate to 3.5% as inflation drops more than expected
PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate again on Wednesday, with lower-than-expected ...