The position that the US Federal Reserve should act immediately by raising interest rates was underlined by Board Member James Boulard, calling for a “forward tightening” of monetary policy. In particular, speaking to CNBC, Mr. Boulard said that the Fed needs to accelerate more than it planned to lift its easing policy, noting that “we […]
Tag: Interest Rates
What do the international banks predict for the Fed interest rate increases in 2022
The largest US banks predict a strong series of US interest rate hikes in 2022, as higher-than-expected inflation figures increase pressure on the Federal Reserve (Fed) to take more drastic measures against rising prices. Thursday’s data showed that consumer prices in the US have been growing at the fastest pace since the early 1980s, boosting […]
Russia: The central bank raised interest rates by 100 basis points
Russia’s central bank today raised its key interest rate by another 100 basis points to 9.5%, raising its borrowing costs for the eighth time since last year, and said it was likely to raise further. The decision of the Russian central bank was in line with the estimates of analysts in a Reuters poll, which […]
Axia Research: The new environment for interest rates does not change the positive story of Greek banks – Buy for all four, further rally is coming
Her Eleftherias Kourtali The impact of the rise in Greek bond yields and the forthcoming European Central Bank interest rate hikes is manageable, Axia Research points out, following JP Morgan and Morgan Stanley, who in their reports yesterday confirmed the positive story of the industry. Axia thus retains the buy recommendation for all four system, […]
Axia Research: The new environment for interest rates does not change the positive story of Greek banks
Her Eleftherias Kourtali The impact of the rise in Greek bond yields and the forthcoming European Central Bank interest rate hikes is manageable, Axia Research points out, following JP Morgan and Morgan Stanley, who in their reports yesterday confirmed the positive story of the industry. Axia thus retains the buy recommendation for all four system, […]
2 + 1 threats to the construction industry
By Eleni Botas Two plus one threats are causing shocks in the construction sector of the country, at a time when the locomotive of the Greek economy is taking over and projects totaling 43.3 billion euros from the Recovery Fund, the new NSRF and the Public Investment Program are just around the corner. . The […]
Two plus one threats to the construction industry
By Eleni Botas Two plus one threats are causing shocks in the construction sector of the country, at a time when the locomotive of the Greek economy is taking over and projects totaling 43.3 billion euros from the Recovery Fund, the new NSRF and the Public Investment Program are just around the corner. . The […]
S&P: Monetary policy tightening’s biggest threat to economy and ratings despite pandemic
Her Eleftherias Kourtali Risks to global credit conditions are widening — mainly due to international political tensions, persistent inflation and rising borrowing costs, as the S&P rating agency warns. The outlook for global economic growth has deteriorated, albeit modestly, and the ability of central banks to curb inflation without hampering recovery after the pandemic is […]
The chief economist of the BoE calls for a ‘moderate’ approach to interest rates
Opposing the prospect of a larger-than-usual rate hike came Bank of England (BoE) chief economist Hugh Peel, who spoke of a “moderate rather than radical approach” to monetary policy. In particular, as reported by Bloomberg, in his speech today, Peel showed that the bank will continue with quarterly increases of 25 basis points (0.25%), despite […]
Bostic (Fed): Probably more than three interest rate hikes this year
Atlanta Federal Reserve Chairman Rafael Bostic expects three or four interest rate hikes in 2022, but stressed that the US Federal Reserve has not “locked in” a specific plan. “In terms of interest rate hikes at the moment I forecast three for this year, although I lean slightly towards four,” Mr Bostic told CNBC, adding, […]