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BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

No escape from the zero lower bound for top central banks

© Reuters. FILE PHOTO: A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. REUTERS/Yuri Gripas

Food Prices Are New Inflation Threat for Governments and Central Banks
Business

Food Prices Are New Inflation Threat for Governments and Central Banks

Economy The Outlook With food commodity prices down, widening profit margins might explain why consumers are paying more Source link

Nigeria gets World Bank funding for social program ahead of fuel subsidy cut By Reuters
Finances

Austrian banks unaffected by banking turmoil

© Reuters. FILE PHOTO: The logo of Raiffeisen Bank International (RBI) is seen on their headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard Foeger ZURICH

U.S. banks are dangling promotions to lock in customer deposits, analysts say By Reuters
Stock Market

U.S. banks are dangling promotions to lock in customer deposits, analysts say By Reuters

© Reuters. FILE PHOTO: People walk past a Capital One banking center in New York’s financial district January 17, 2013. REUTERS/Brendan McDermid By Nupur Anand

Declines in Loan Values Are Widespread Among Banks
Business

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Declines in Loan Values Are Widespread Among Banks
Finances

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Johnnie Walker maker Diageo names Crew as new CEO By Reuters
Stock Market

Exclusive-German banks hit by wave of complaints from savers By Reuters

© Reuters. Niels Nauhauser, financial expert at the consumer advice centre in Baden-Wuerttemberg, poses at the Verbraucherzentrale building in Stuttgart, Germany, March 29, 2023. REUTERS/Lukas

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

U.S. banks are dangling promotions to lock in customer deposits, analysts say By Reuters

© Reuters. FILE PHOTO: People walk past a Capital One banking center in New York’s financial district January 17, 2013. REUTERS/Brendan McDermid By Nupur Anand

Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Business

Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation

Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring