Banking and Financial Institutions – Page 115

Russia’s Central Bank Raises Rates to 16 Percent

The bank warned that its tight monetary policy would continue “for a long period” as it attempts slow an economy in danger of overheating.

By Ivan Nechepurenko

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European Central Bank Leaves Rates Unchanged as Price Pressures Ease

Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.

By Eshe Nelson

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Bank of England Keeps Interest Rates at 5.25%, a 15-Year High

The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a rate cut anytime soon.

By Eshe Nelson

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Is Jerome Powell’s Fed Pulling Off a Soft Landing?

It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.

By Jeanna Smialek