Interest rates

Turkey hikes interest rate to 50% in surprise move
World

Turkey hikes interest rate to 50% in surprise move

Turkey’s central bank has unexpectedly raised its key interest rate as the country continues to try and reign in soaring…
Germany’s commercial real estate plunge could be a threat for banks
Business

Germany’s commercial real estate plunge could be a threat for banks

Europe’s rapidly deteriorating commercial real estate crisis could potentially impact its banks as well.  Back in July 2023, European banks…
Why Switzerland’s central bank made a surprise cut to its key interest rate
Business

Why Switzerland’s central bank made a surprise cut to its key interest rate

Thomas Jordan, the outgoing SNB chairman, credited the central bank’s push to rein in inflation in the wealthy Alpine country.…
Fed clears path for rate cuts: Powell lifts stocks and gold to record levels
Business

Fed clears path for rate cuts: Powell lifts stocks and gold to record levels

The Federal Reserve has laid down the groundwork for potential interest rate reductions later this year, signaling a shift from…
Turkey hikes interest rate to 50% in surprise move
Business

Turkey hikes interest rate to 50% in surprise move

Turkey’s central bank has unexpectedly raised its key interest rate as the country continues to try and reign in soaring…
IMF: Emerging European economies need high interest rates for longer
Business

IMF: Emerging European economies need high interest rates for longer

Europe’s post-pandemic recovery is outperforming dismal predictions but progress is uneven across the region, claimed Alfred Kammer, European Department Director…
Ukraine slashes interest rates to 14.5%, Finnish inflation slides
Business

Ukraine slashes interest rates to 14.5%, Finnish inflation slides

The National Bank of Ukraine announced its March interest rate decision on Thursday, slashing key policy rates by 50 basis…
UK unemployment rises and wage growth cools
Business

UK unemployment rises and wage growth cools

The UK unemployment rate has risen for the first time since July and wage growth has eased, according to data…
Cash no longer king — how Britain makes a mint from cards
Business

Cash no longer king — how Britain makes a mint from cards

One of the surprise findings of the recent UK Budget was that the country’s increasing removal of cash has given…
Gold prices reach all-time highs: Which European-listed stocks may benefit?
Business

Gold prices reach all-time highs: Which European-listed stocks may benefit?

Gold prices touched $2,150 per ounce (€1,971 per ounce) during the trading session on Wednesday, 6 March, surpassing the previous…
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