Tuesday , 16 December 2025

Recent Posts

Yen challenges BOJ bid to taper by stealth

Bloomberg The Bank of Japan is finding out just how hard it is to be stealthy — when everyone is looking right at you. The central bank looks set to end this fiscal year well behind on its target for Japanese government bond purchases. But having inadvertently sparked a yen rally in January, a repeat of this “stealth taper” of …

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Barclays wins its DOJ gamble with $2bn mortgage settlement

Bloomberg Barclays Plc agreed to pay $2 billion to settle a probe into how it sold the sort of mortgage bonds that fueled the financial crisis, securing a penalty less than half of what US authorities originally demanded. The British lender was the only bank to push back against the size of the settlement demanded by the Justice Department, prompting …

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Defying fed, Egypt cuts interest rates again as inflation falls

Bloomberg Egypt’s central bank cut interest rates for the second time in six weeks after inflation slowed into its target range, shrugging off rising US rates as it unwinds record-high borrowing costs. The monetary policy committee led by Governor Tarek Amer lowered the overnight deposit rate by 100 basis points to 16.75 percent. The move was predicted by all eight …

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