Tag: policy rate
Turkish central bank raises key interest rate to 25 percent – economy
In view of the high inflation, the Turkish central bank has raised the key interest rate much more than expected. The key interest rate will rise by 7.5 percentage points…
Turkey’s central bank raises interest rates more than expected
Status: 08/24/2023 1:54 p.m In view of the high inflation, the Turkish central bank has raised the key interest rate to 25 percent in an unexpectedly large step. It was…
Why Japan can show such high economic growth
background Status: 08/15/2023 2:05 p.m Japan is currently surprising with growth rates that other economies like Germany can only dream of. What is different there than in the other industrialized…
The Russian central bank unexpectedly raises the key interest rate
Status: 07/22/2023 3:36 p.m Why did the Russian central bank raise interest rates for the first time since the war began? Important reasons are the depreciation of the ruble and…
Australia’s central bank gets a boss – economy
In Australia, a woman has become the head of the central bank for the first time. Prime Minister Anthony Albanese and Treasury Secretary Jim Chalmers announced on Friday that deputy…
“Many could not imagine that inflation would come back” – Economy
Ricardo Reis is one of the most respected inflation researchers in Europe. He explains where inflation is coming from, why prices just don’t want to go down right now and…
The fight against inflation is harder than you think – Economy
For a long time, central bankers were considered the last savior, always coming up with a good solution when the world slides into an economic catastrophe. That certainty seems to…
Together against against the “greedy beast” of inflation – economy
The fight against inflation – it seems to be more treacherous than ever. “We have a lot of lessons to learn,” Bank of England boss Andrew Bailey told critical parliamentarians.…
Bank of England raises key interest rate surprisingly sharply
Status: 06/22/2023 2:03 p.m The British central bank is continuing its fight against high inflation with a significant interest rate hike. The key interest rate in Great Britain rose significantly…
ECB raises interest rates again – economy
The deposit rate is 3.5 percent, the highest it has been in 22 years. This is to defeat inflation. In its fight against high inflation, the European Central Bank has…