Recent Posts

Guinea junta leader to meet political, mining leaders next week

Bloomberg Guinea’s coup leader Mamady Doumbouya said he will meet socio-economic and political officials of the West African country as part of the transition after seizing power a week ago. The meetings will start from September 14 with leaders of political parties and religious groups, before they are extended to civil society organisations and representatives of diplomatic missions in the ...

Read More »

PBOC turns to niche policy tool to support economy

Bloomberg China’s central bank is increasingly making use of one of its lesser known monetary policy tools to support the economy, a move that analysts say suggests less need for broad policy action like interest rate cuts. The People’s Bank of China (PBOC) is turning to its relending program, providing loans to commercial banks for lending to customers. The funds ...

Read More »

SNB’s Zurbruegg says negative rates key to prevent rise in franc

Bloomberg The Swiss National Bank’s (SNB) negative interest rates remain essential to prevent a rise in the franc that thwart economic growth, Vice President Fritz Zurbruegg told Sonntagszeitung in an interview. Although the SNB will raise borrowing costs when necessary, “at the moment we need the negative interest rates due to the situation globally,” he said. “If we were to ...

Read More »
Send this to a friend