Interest rates
Turkey hikes interest rate to 50% in surprise move
World
23.03.2024
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
21.03.2024
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
21.03.2024
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
21.03.2024
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
21.03.2024
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
15.03.2024
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
14.03.2024
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
12.03.2024
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
11.03.2024
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
10.03.2024
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…