Fed can follow ECB, BoE on monetary tightrope

Canada News News

Fed can follow ECB, BoE on monetary tightrope
Canada Latest News,Canada Headlines
  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Bank failures and high inflation complicate the Fed’s interest rate decision on March 22. It can follow its Western peers that have shown how to fight rising prices while aiding financial stability, writes BenWinck.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Breakingviews /  🏆 470. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Sen Scott pushes for new Fed inspector general, slams Fed over bank regulationUS Sen Scott pushes for new Fed inspector general, slams Fed over bank regulationRepublican U.S. Senator Rick Scott said on Monday he will introduce legislation to create an independent inspector general to oversee the Federal Reserve, as he called the U.S. central bank 'unable or unwilling to properly regulate' banks in a letter to Fed Chair Jerome Powell.
Read more »

Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature BankRepublicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank
Read more »

US: Fed seen hiking rates by 25 bps in March and May – UOBUS: Fed seen hiking rates by 25 bps in March and May – UOBEconomist at UOB Group Lee Sue Ann suggests the Fed is likely to raise the Fed Funds Target Range by 25 bps at both its March and May gatherings. Key
Read more »

Breakingviews - Saudi is far from the last Western bank bagholderBreakingviews - Saudi is far from the last Western bank bagholderSaudi Arabia has joined the Western bank bagholder club. Saudi National Bank (SNB), 37% owned by the kingdom’s $600 billion Public Investment Fund, admitted on Monday that its $1.4 billion swoop for 10% of Credit Suisse had gone sour after the latter collapsed into the arms of UBS . The good news for SNB Chairman Ammar Al Khudairy is that his $1 billion-plus loss is neither the first nor the last time an eastern investor will take a big bath on a U.S. or European financial group.
Read more »

Saudi is far from the last Western bank bagholderSaudi is far from the last Western bank bagholderCredit Suisse’s rescue by UBS will cost top shareholder Saudi National Bank over $1 bln. Abu Dhabi’s ADIA and Singapore’s GIC and Temasek also caught a falling knife after buying Western banks in 2007. Politics, and the Gulf’s growing oil riches, imply further loss-making punts.
Read more »



Render Time: 2025-02-28 19:47:41