Recent Posts

Kazakhstan looks to stave off rate hike with other ‘maneuvers’

Bloomberg Kazakhstan’s central bank has a range of options besides changing its key interest rate as it looks to fine-tune monetary policy after markets stabilized and inflation came in below expectations, according to Governor Daniyar Akishev. With the benchmark held twice at 9 percent after four cuts and anticipation building that a hike is on the way, Akishev said “the ...

Read More »

Sudden jump in rates a global risk: Draghi

Bloomberg European Central Bank President Mario Draghi said the key threat facing the global economy is a jump in interest rates sparked by financial instability, inflation surprises or geopolitics. “It’s quite clear that the main risk we should focus on here is a sharp repricing in assets, or a sharp increase, a sharp and sudden increase, in interest rates,” he ...

Read More »

BoE chief warns against weaponisation of assets

Bloomberg Bank of England Governor Mark Carney warned against the “weaponisation” assets in the global financial system as central bank chiefs fretted about the impact of a trade war. Speaking at the Group of 30 conference in Bali, Indonesia on Sunday, Carney stressed the need for investment flows to remain open, alluding to previous warnings that US protectionism affects the ...

Read More »
Send this to a friend