Italian private bank revises 2024 guidance upward as higher borrowing costs boost margin outlook. Banca Generali raised its net interest income target for 2024, citing expectations of an imminent European Central Bank rate hike. The bank now projects stronger margins amid
Warsh proposes delaying Fed meeting transcripts to improve debate Warsh suggests that curbing the release of Fed meeting transcripts may lead to more open and honest discussions. The proposal aims to create a more conducive environment for debate among Fed officials.
Warsh proposes curbing Fed meeting transcript releases Former Fed Governor Kevin Warsh suggests that limiting the release of Fed meeting transcripts may improve debate. Warsh made this proposal in his book, arguing that it could lead to more open and honest discuss
Powell demands clarity on Fed independence The Federal Reserve Chair is seeking clear guidelines on the central bank's independence. The move is likely aimed at ensuring the Fed's decision-making process remains unaffected by external pressures. This develop
Mortgage rates rise amid ongoing economic trends Mortgage and refinance interest rates have continued to rise this week. The increase in mortgage rates is part of a broader trend in the economy. The current rate increase may impact borrowing decisions for p
ECB board member Cipollone indicates a higher likelihood of a rate hike, citing a shift in economic conditions. The European Central Bank's chances of raising interest rates have increased, according to a board member. This shift in stance is attributed to changes in econo
Reserve Bank of Australia (RBA) Governor Michele Bullock is scheduled to address a press conference at 5.30 GMT, following the central bank's decision to lift the benchmark interest rate to 4.35% from 4.10% on Tuesday. Reserve Bank of Australia (RBA) Governor Michele Bullo
Breaking: RBA hikes interest rate by 25 bps to 4.35% in May, as expected The Reserve Bank of Australia (RBA) announced on Tuesday that it hiked the Official Cash Rate (OCR) by 25 basis points (bps) to 4.35% from 4.10% after concluding its May monetary policy... Breaking: R
Breaking: RBA hikes interest rate by 25 bps to 4.35% in May, as expected The Reserve Bank of Australia (RBA) announced on Tuesday that it hiked the Official Cash Rate (OCR) by 25 basis points (bps) to 4.35% from 4.10% after concluding its May monetary policy... Breaking: R
Breaking: RBA lifts interest rate by 25 bps to 4.35% in May, as expected The Reserve Bank of Australia (RBA) announced on Tuesday that it hiked the Official Cash Rate (OCR) by 25 basis points (bps) to 4.35% from 4.10% after concluding its May monetary policy... Breaking: R