Central Banking Series

Central Banking Series

The Bank of Canada just hiked interest rates for the sixth time — is it too late?

Oct 31, 2022 08:50 am UTC| Economy Central Banks

Following closely on the heels of the European Central Bank and the U.S. Federal Reserve Board, the Bank of Canada has raised its target interest rate by 50 basis points. This is its sixth interest rate hike this...

Central Banking Series

Why does the RBA keep hiking interest rates? It's scared it can't contain inflation

Aug 03, 2022 00:55 am UTC| Economy Central Banks

There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...

Central Banking Series

June jobs report suggests Fed could avoid a recession – but room for error is minuscule

Jul 11, 2022 05:50 am UTC| Economy

The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment...

Central Banking Series

Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation

Jul 07, 2022 16:12 pm UTC| Economy Central Banks

There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...

Central Banking Series

The latest Bank of England rate rise won't do much to tackle inflation - here's what could work

Jun 21, 2022 22:54 pm UTC| Economy Central Banks

There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...

Central Banking Series

5 things to know about the Fed's interest rate increase and how it will affect you

Jun 15, 2022 07:37 am UTC| Economy Central Banks

The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....

Central Banking Series

Game of Loans: the Reserve Bank of Australia loses its heir apparent to Fortescue's green fund

Mar 12, 2022 11:20 am UTC| Economy Central Banks

The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days notice. Dr Debelle said that he was resigning to become chief financial officer of...