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Central banking

Australia central bank to shift to ample reserve system to set rates

by Walter Watson
Australia central bank to shift to ample reserve system to set rates

The Reserve Bank of Australia building in Sydney, Australia, on Monday, Sept. 6, 2021. Australia’s central bank intends to change the way it provides liquidity to the banking system, moving to …

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Don’t sweat the prospect of no Fed rate cuts, economist says

by Walter Watson
Don’t sweat the prospect of no Fed rate cuts, economist says

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …

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Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

by Walter Watson
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022. Bloomberg | Bloomberg | Getty Images The Central Bank of Nigeria on Tuesday hiked its …

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China pushes banks to speed up approvals of new loans to private developers: Reuters

by Walter Watson
China pushes banks to speed up approvals of new loans to private developers: Reuters

Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment …

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Vanguard doesn’t believe the Fed will cut interest rates this year

by Walter Watson
Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times …

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Central banks had a big week. Here’s what happened — and what’s next

by Walter Watson
Central banks had a big week. Here’s what happened — and what’s next

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. …

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Australia’s central bank warns of another tough year for borrowers, businesses

by Walter Watson
Australia’s central bank warns of another tough year for borrowers, businesses

The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Stringer | Getty Images Australia’s central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but …

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Bank of Japan made a landmark rate pivot. Here’s what happens next

by Walter Watson
Bank of Japan made a landmark rate pivot. Here’s what happens next

Neon advertisements in Osaka’s Dotonbori district in Japan Alexander Spatari | Moment | Getty Images Japan’s central bank on Tuesday finally ended its experiment with negative rates and unconventional easing …

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BOJ ends the world’s only negative rates regime in a landmark move

by Walter Watson
BOJ ends the world’s only negative rates regime in a landmark move

An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the …

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Turkey opts for new tightening strategy after signaling pause to hikes

by Ron Morgan
Turkey opts for new tightening strategy after signaling pause to hikes

A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters in Ankara, Turkey. ADEM ALTAN | AFP | Getty Images …

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