Wednesday , 17 December 2025

Recent Posts

BOE plays tough cop in UK economy role switch

  Bloomberg Like they did after the 2008 crash, the UK’s two economic policy heavyweights are playing good cop-bad cop. It’s just that this time they’ve swapped roles. In the years following the financial crisis, the Bank of England (BOE) stuck resolutely to easy money while fiscal policy got tough when Chancellor of Exchequer George Osborne imposed swingeing budget cuts. …

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Brazil to slow rate hike pace

  Bloomberg Brazil’s central bank will likely slow the pace of interest rate increases as it calibrates one of the world’s most aggressive monetary tightening cycles despite a breakneck surge in local fuel prices. Policy makers will raise the benchmark Selic by 100 basis points to 11.75%, according to 38 of 44 economists in a Bloomberg survey. Four of them …

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Big banks emerge as winners as Fed starts rate hike cycle

  Bloomberg America’s biggest lenders, including JPMorgan Chase & Co, Bank of America Corp and Citigroup, are emerging as major winners from the Federal Reserve’s most aggressive campaign to increase borrowing costs in years. Banks were among the best performing groups in the S&P 500 Index, as the sector rose 3.7% to the highest in two weeks. The KBW Bank …

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