Tag #Central Bank

Showing 49 to 59 of 59 results

mk.ru
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Russia Holds Key Interest Rate at 21%, Defying Inflation and Expert Predictions

The Central Bank of Russia unexpectedly kept its key interest rate at 21% on December 20th, defying inflation exceeding 8.8-9% and expert predictions of a rate hike to 23-25%, sparking debate about political pressure and economic consequences.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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India's Economic Slowdown Prompts RBI Governor Change

India's economic growth has slowed due to high inflation and decreased investment, prompting the replacement of the Reserve Bank of India governor with Sanjay Malhotra, who is expected to implement rate cuts to stimulate the economy by February 2025, impacting the projected GDP growth.

Progress

40% Bias Score

Decent Work and Economic Growth
mk.ru
🌐 75% Global Worthiness
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Russian Parliament Criticizes Central Bank's Tight Monetary Policy

Russian parliamentarians are urging the Central Bank to drastically lower interest rates, arguing its tight monetary policy is stifling economic growth and increasing inflation, while the Central Bank emphasizes its independence and the government's role in inflation.

Progress

52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Russia's War Economy: Sanctions, Inflation, and a Ruble in Crisis

Russia's economy is severely impacted by the war in Ukraine and Western sanctions, showing a devalued ruble, reduced oil and gas revenues, high military spending (29% of the budget), and high inflation (projected at 26%), despite a 21% interest rate.

Progress

32% Bias Score

Decent Work and Economic Growth
nrc.nl
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Fed's Independence Under Threat

The article discusses the independence of the Federal Reserve, its objectives, and potential threats posed by Donald Trump's political influence.

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0% Bias Score

elpais.com
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Mexico's Inflation Rises Slightly in October

Mexico's October inflation rose slightly, breaking a three-month decline, although core inflation shows signs of slowing. Banxico recently cut interest rates.

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0% Bias Score

nos.nl
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Russia Holds Interest Rate Amid High Inflation

The Russian Central Bank surprisingly held its key interest rate at 21 percent, defying expectations of a further increase to combat 11 percent inflation, following President Putin's call for a balanced approach, despite concerns about the negative impact of high interest rates on businesses and con...

Progress

40% Bias Score

Reduced Inequality
mk.ru
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"Russian Inflation Soars to 8.88% as Food Prices Surge"

"Russian inflation surged to 2.33% month-on-month in November 2024, reaching 8.88% year-on-year, driven by food price increases (particularly fruit and vegetables at 10.35% month-on-month) and attributed to increased government spending, high production costs, and strong consumer demand, despite dom...

Progress

48% Bias Score

No Poverty
smh.com.au
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Russia's Wartime Economy Slows, Exposing Tensions Among Elites

Russia's wartime economy is slowing, with industrial production declining and the ruble weakening, causing tensions between economic elites and the central bank over interest rates as the war in Ukraine nears its fourth year.

Progress

28% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Turkey's Economic Slowdown Amidst Persistent High Inflation

Turkey's Q3 GDP growth slowed to 1.9% due to high inflation (48.6% in October), despite the central bank's 50% base rate and measures; the IMF lowered its 2025 growth forecast to 2.7%.

Progress

44% Bias Score

elpais.com
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Powell Defends Fed Independence Amidst Interest Rate Debate

Federal Reserve Chairman Jerome Powell emphasizes the central bank's independence, cautious approach to interest rates, and concerns about the U.S. budget.

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0% Bias Score

Showing 49 to 59 of 59 results