India Inflation: Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF

Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, the International Monetary Fund (IMF) said on Tuesday. “Inflation in India as in other countries is expected to come down from … Read more

Canada leaves open the possibility of a pause in monetary policy tightening | Finance

Headquarters Central Bank of Canada in Ottawa. (Photo: AFP/VNA) On January 25, the Bank of Canada (BoC) announced to increase its key interest rate by 0.25 percentage points to 4.5%, marking the 8th consecutive interest rate hike. However, the BoC also said it might not raise interest rates any further. According to the Vietnam News … Read more

The Swiss Central Bank announces a loss of 132 billion francs

announce Swiss Central Bankfor a record loss of 132 billion Swiss francs (last year, breaking the previous record, when its loss in 2016 reached 23 billion, due to the decline in financial markets, which reduced the value of stocks and bonds in its portfolio. The central bank clarified the information today, Monday, in its preliminary … Read more

Why did Al-Ahly Bank and Egypt not issue a certificate with a 20% return after the pain decision?

02:42 PM Tuesday, December 27, 2022 I wrote – Manal Al-Masry: After hours and days of speculation, the National Bank of Egypt and Egypt offered a 20% interest certificate out of the question during the current period, according to the assurances of the heads of the two banks yesterday, Monday, despite the Central Bank raising … Read more

Possible macroeconomic measures should boost Chinese growth

Expectations for accommodative monetary policy rose as an official signaled that China was willing to provide stronger policy support for the economy next year, experts said on Monday. According to them, the Chinese economy still needs lower interest rates and other countercyclical measures to adjust to a recovery in consumption and investment in the face … Read more

Wall Street closes sharply in the red – hopes of rate cuts dampened

Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more