Finance & Economics - page 61

RBI Warns Risk of India Economic Growth Falter
News

RBI Warns Risk of India Economic Growth Falter

The report of the Reserve Bank of India (RBI), which was released on Wednesday, December 20, contains a statement that the economic system of this South Asian country will continue to demonstrate dynamic growth at a healthy pace, but the fact of the negative impact of high inflation on consumer demand creates a risk factor […]

Bank of Japan Holds Off From Policy Normalization Moves
News

Bank of Japan Holds Off From Policy Normalization Moves

The Bank of Japan maintained its moderate stance following the results of its last monetary policy meeting this year, although markets are signaling growing confidence that the financial regulator is gradually approaching the normalization of its activity strategy.

China Leaves Lending Benchmark Rates Unchanged
News

China Leaves Lending Benchmark Rates Unchanged

In China, local financial authorities on Wednesday, December 20, decided to keep benchmark lending rates at a monthly level, which corresponds to preliminary market expectations and is a predictable action that does not go beyond the most likely scenarios.

India Central Bank Tightens Rules for Financing of Alternative Investment Funds
News

India Central Bank Tightens Rules for Financing of Alternative Investment Funds

The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.

Malaysia’s Prime Minister Pushes for Local Currency Transactions in Trade
News

Malaysia’s Prime Minister Pushes for Local Currency Transactions in Trade

Malaysian Prime Minister Datuk Seri Anwar Ibrahim intends to implement a strategy to gradually increase the use of the local currency ringgit as part of financial operations in the sphere of trade.

Bank of Japan Reportedly to Keep World’s Last Negative Interest Rate
News

Bank of Japan Reportedly to Keep World’s Last Negative Interest Rate

The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.

Amex and Bank of America Face Rising Card Delinquencies
News

Amex and Bank of America Face Rising Card Delinquencies

Last month, American Express and Bank of America recorded an increase in credit card delinquencies.

Congressional Budget Office Predicts Decrease in Inflation in 2024
News

Congressional Budget Office Predicts Decrease in Inflation in 2024

The Congressional Budget Office on Friday, December 15, released a forecast according to which the inflation rate in the United States will decrease next year.

Reasons Why Financial Literacy is Important for Entrepreneurs
Articles

Reasons Why Financial Literacy is Important for Entrepreneurs

In the entrepreneurial journey, the ability to make informed and effective decisions stands paramount. This journey, often paved with uncertainties and risks, requires a keen understanding of financial fundamentals.

Fed Signals Possibility of Rate Cuts
News

Fed Signals Possibility of Rate Cuts

The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.

China’s Local Governments Support Troubled Banks
News

China’s Local Governments Support Troubled Banks

In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.

UK’s Economy Shrinks
News

UK’s Economy Shrinks

The economy of the United Kingdom in October this year showed a contraction that turned out to be stronger than expected.

BOJ Reportedly to See Little Need to End Negative Rate in December
News

BOJ Reportedly to See Little Need to End Negative Rate in December

Bank of Japan officials do not yet see a reason to decide to cancel the world’s last negative interest rate in December.

Chinese Consumer Price Index Shows Decline
News

Chinese Consumer Price Index Shows Decline

In China, local financial authorities are struggling with falling prices, while in many other countries, central banks are taking measures aimed at curbing the process of increasing the cost of goods and services.

China to Realize Proactive Fiscal Policy to Boost Economy
News

China to Realize Proactive Fiscal Policy to Boost Economy

The Chinese authorities have promised to take measures to strengthen fiscal policy next year to maintain the economic system of this country, the situation within which tends to become synonymous with weakness, but has not yet reached a catastrophic level and there are chances to remedy the situation.

HSBC Predicts Difficult Path for Chinese Economy
News

HSBC Predicts Difficult Path for Chinese Economy

The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.

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