The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and […]
The People’s Bank of China (PBoC), the country’s central bank, has issued a public notice urging investors of risks in cryptocurrency trading and initial coin offerings (ICOs). The Shanghai branch […]
In a bid to stabilize Turkey’s faltering currency, Turkish Central Bank boosted interest rates by more than 6 percentage points, to 24 percent, even though Erdogan has vowed keep them […]
China’s central bank chief on Tuesday blamed the yuan’s recent weakness on the U.S. dollar’s strength and external uncertainties, as state-owend banks were seen trying to prop up the currency. […]
Euro zone ministers declared the end of the Greek debt crisis early Friday (June 22) agreeing on debt relief and a big cash payout for Greece, part of a broad […]
Federal Reserve Chairman Jerome Powell said sturdy U.S. economic growth has built a strong case for continuing to gradually lift interest rates, and he warned against policy complacency now that […]
The European Central Bank will debate on Thursday whether to end its huge asset purchases by year-end, in what would be its biggest step towards dismantling crisis-era stimulus credited with […]
The Federal Reserve meets Tuesday and Wednesday in Washington and the gathering will be followed by fresh economic projections and a press conference with Chairman Powell. While the news will […]
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