Showing 37 to 48 of 59 results
Bank CEOs Urge Cash Rate Cut Amid Disappointing Results
Westpac and Bendigo and Adelaide Bank CEOs urged a 0.25% official cash rate cut on Tuesday to stimulate the economy, citing disappointing Q1 results (Westpac: $1.7 billion profit, -9%; Bendigo: $265.2 million cash earnings, -9.7%) and challenging conditions for businesses and households.
Bank CEOs Urge Cash Rate Cut Amid Disappointing Results
Westpac and Bendigo and Adelaide Bank CEOs urged a 0.25% official cash rate cut on Tuesday to stimulate the economy, citing disappointing Q1 results (Westpac: $1.7 billion profit, -9%; Bendigo: $265.2 million cash earnings, -9.7%) and challenging conditions for businesses and households.
Progress
36% Bias Score
Bank of Russia Holds Key Interest Rate at 21% Amidst Persistent Inflation
On February 14th, 2024, the Bank of Russia's board held its key interest rate at 21% due to persistent high inflation and inflation expectations, despite recent slowdowns, projecting a 7-8% inflation rate for 2025 and a return to 4% only in 2026.
Bank of Russia Holds Key Interest Rate at 21% Amidst Persistent Inflation
On February 14th, 2024, the Bank of Russia's board held its key interest rate at 21% due to persistent high inflation and inflation expectations, despite recent slowdowns, projecting a 7-8% inflation rate for 2025 and a return to 4% only in 2026.
Progress
48% Bias Score
Russia Holds Key Interest Rate at 21% Amid High Inflation
The Central Bank of Russia held its key interest rate at 21% due to persistent high inflation (10% as of February 10th), aiming to balance high domestic demand with limited supply, projecting inflation at 7-8% in 2025 and 4% in 2026.
Russia Holds Key Interest Rate at 21% Amid High Inflation
The Central Bank of Russia held its key interest rate at 21% due to persistent high inflation (10% as of February 10th), aiming to balance high domestic demand with limited supply, projecting inflation at 7-8% in 2025 and 4% in 2026.
Progress
44% Bias Score
Israel's Tight Labor Market Casts Shadow on Optimistic Inflation Forecast
Governor Amir Yaron presented an optimistic inflation forecast to the Knesset Finance Committee, projecting a 2.1% rate by August 2025, despite a tight labor market with 2.6% unemployment and significant wage growth (6% in the first nine months of 2024).
Israel's Tight Labor Market Casts Shadow on Optimistic Inflation Forecast
Governor Amir Yaron presented an optimistic inflation forecast to the Knesset Finance Committee, projecting a 2.1% rate by August 2025, despite a tight labor market with 2.6% unemployment and significant wage growth (6% in the first nine months of 2024).
Progress
52% Bias Score
First Woman to Lead Syria's Central Bank Amidst Economic Crisis
Maysaa Sabrine, a former deputy governor, became the first woman to lead Syria's Central Bank after the ouster of Bashar al-Assad; she faces the immense challenge of reviving an economy shattered by 13 years of war and international sanctions, while the new de facto leader, Ahmed al-Sharaa, seeks to...
First Woman to Lead Syria's Central Bank Amidst Economic Crisis
Maysaa Sabrine, a former deputy governor, became the first woman to lead Syria's Central Bank after the ouster of Bashar al-Assad; she faces the immense challenge of reviving an economy shattered by 13 years of war and international sanctions, while the new de facto leader, Ahmed al-Sharaa, seeks to...
Progress
32% Bias Score
Turkey Cuts Interest Rates, Risks Fueling Inflation
Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.
Turkey Cuts Interest Rates, Risks Fueling Inflation
Turkey's central bank unexpectedly cut its policy interest rate by 2.5 percentage points to 47.5 percent on December 26, 2024, exceeding market expectations and marking its first cut in 22 months, amidst high inflation and pressure from the business sector for lower borrowing costs.
Progress
32% Bias Score
Russia Holds Key Interest Rate Amidst Geopolitical Uncertainty
The Central Bank of Russia held its key interest rate at 21% on February 14th, despite a strengthening ruble fueled by potential US-Russia talks on the Ukraine conflict and the possibility of sanctions relief; however, high inflation and geopolitical uncertainty remain.
Russia Holds Key Interest Rate Amidst Geopolitical Uncertainty
The Central Bank of Russia held its key interest rate at 21% on February 14th, despite a strengthening ruble fueled by potential US-Russia talks on the Ukraine conflict and the possibility of sanctions relief; however, high inflation and geopolitical uncertainty remain.
Progress
40% Bias Score
Russia's January 2025 Inflation: 9.92% Year-on-Year
Russia's January 2025 inflation reached 9.92% year-on-year, contrasting sharply with the 16.4% perceived by consumers; contributing factors include increased government spending and import restrictions; the Central Bank held its key interest rate steady.
Russia's January 2025 Inflation: 9.92% Year-on-Year
Russia's January 2025 inflation reached 9.92% year-on-year, contrasting sharply with the 16.4% perceived by consumers; contributing factors include increased government spending and import restrictions; the Central Bank held its key interest rate steady.
Progress
48% Bias Score
Bank of Russia Holds Key Rate at 21%
The Bank of Russia maintained its key interest rate at 21% annually at its February meeting, citing recent inflation data and prioritizing concrete results over geopolitical expectations; the next meeting is scheduled for March 21, 2025.
Bank of Russia Holds Key Rate at 21%
The Bank of Russia maintained its key interest rate at 21% annually at its February meeting, citing recent inflation data and prioritizing concrete results over geopolitical expectations; the next meeting is scheduled for March 21, 2025.
Progress
40% Bias Score
China's Central Bank Takes Steps to Stabilize Yuan Amid Strong US Dollar
On Monday, China's central bank governor vowed to stabilize the yuan against the strong US dollar, raising the macro-prudential adjustment parameter for cross-border financing to 1.75 and issuing central bank bills in Hong Kong, resulting in the yuan modestly strengthening to 7.3320 per dollar.
China's Central Bank Takes Steps to Stabilize Yuan Amid Strong US Dollar
On Monday, China's central bank governor vowed to stabilize the yuan against the strong US dollar, raising the macro-prudential adjustment parameter for cross-border financing to 1.75 and issuing central bank bills in Hong Kong, resulting in the yuan modestly strengthening to 7.3320 per dollar.
Progress
44% Bias Score
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Özatay Critiques Turkey's 2023 Economic Policies
Professor Fatih Özatay criticized Turkey's 2023 economic policies, citing insufficient interest rate hikes, reliance on swap agreements, and a lack of reforms to address the budget deficit and restore public confidence in TÜİK and the Central Bank, leading to shock price increases and a minimum wage...
Progress
44% Bias Score
MÜSİAD Predicts Turkish Central Bank Interest Rate Cut in December
MÜSİAD President Mahmut Asmalı anticipates a Turkish Central Bank interest rate cut in December, due to the current policy's failure to curb demand from higher-income groups while suppressing lower-income groups' spending, thus worsening income inequality and fueling inflation.
MÜSİAD Predicts Turkish Central Bank Interest Rate Cut in December
MÜSİAD President Mahmut Asmalı anticipates a Turkish Central Bank interest rate cut in December, due to the current policy's failure to curb demand from higher-income groups while suppressing lower-income groups' spending, thus worsening income inequality and fueling inflation.
Progress
40% Bias Score
Showing 37 to 48 of 59 results