Keywords: Central Bank
Investment bank JPMorgan Chase has predicted that the Central Bank of Turkey could soon increase its main interest rate to 40% in response to recent financial and political pressures affecting the country’s economy. According to analysts from the bank, the Turkish lira continues to face instability......
The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......
Bank Indonesia announced an unexpected increase in interest rates during its latest monetary policy meeting, marking the first rate hike in two years. The decision reflects the institution’s efforts to maintain economic stability and control inflationary pressures amid global financial uncertainty. The......
Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......
Ugandan President Yoweri Museveni has signed a controversial new law designed to limit foreign influence in the country, sparking criticism from economists, civil society groups, and political observers. The legislation, known as the “Protection of Sovereignty” law, introduces strict rules......
A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......
Central banks across major economies are reassessing monetary policy as the conflict involving Iran continues to push oil prices above 100 dollars per barrel, intensifying concerns over imported inflation and energy costs. Policymakers from Europe to Asia are increasingly signaling that prolonged geopolitical......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
Uganda has passed a revised version of its controversial sovereignty bill, following warnings from the country’s central bank governor over potential economic risks linked to the original proposal. The legislation, known as the “Protection of Sovereignty Bill”, was approved by parliament......
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