Majid Rahimi (Soheil) on LinkedIn: #australia #bank #currency (2024)

🚀🚀🚀 Bank of England surprises with 50 basis point rate hike to tackle persistent inflation, taking the base rate to5%🚀🚀🚀 Turkey’s central bank hikes interest rate to 15% in dramatic U-turn to fight inflation.🚀🚀🚀 Norway central bank raises rate to 15-year high, with more to come. Norway’s central bank raised its key policy rate by 50 basis points (bps) to 3.75% on Thursday in a bid to curb inflation.#inflation #bank

#Breaking: RBI MPC keeps the policy rate unchanged at 6.5%. Here are some of the possible reasons why a central bank decides to keep the repo rate unchanged:>Inflation is under control.>Economic growth is strong.>The central bank is waiting for more information before making a decision.>The central bank is concerned about the impact of higher interest rates on the economy.It is important to note that the decision to keep the repo rate unchanged is a complex one, and there are many factors that the central bank will consider before making a decision. #RBIPolicy #RepoRate #interestrates #RBI #MPC #economy #growth #monetarypolicy

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The European Central Bank raised interest rates by 25 basis points to 3.5%.The increase is in line with expectations, as the bank continues to tackle sticky inflation across the euro zone.Headline inflation expectations have also been revised, with the core figure now expected to average 5.4% in 2023, 3% in 2024 and 2.2% in 2025, according to Eurosystem data, meaning the central bank is now not expecting to reach its target rate of 2% before 2026 #data #interestrates #bank #euro #inflation #pricehike #ecb #bankingindustry #bank #profitidea Varun Aggarwal

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𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚’𝐬 𝐜𝐞𝐧𝐭𝐫𝐚𝐥 𝐛𝐚𝐧𝐤 𝐡𝐢𝐤𝐞𝐬 𝐫𝐚𝐭𝐞𝐬 𝐛𝐲 𝟎.𝟐𝟓% 𝐭𝐨 𝟑.𝟖𝟓%The #RBA surprised the market by raising its cash rate target by 25 basis points to 3.85%, with the aim of bringing inflation back to its target. Even after today’s hike, Australia still lags global counterparts in its policy response to higher prices. It has raised rates by 3.75 percentage points, compared with 5 in New Zealand and 4.75 in the US.Trade #Forex and more at #RADEXMARKETS

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The Central Bank of Egypt’s Monetary Policy Committee kept interest rates unchanged at its last meeting in JuneThe MPC kept the overnight deposit rate at 18.25%, the overnight lending rate at 19.25%, and the rate of the main operation unchanged at 18.75%#CentralBankofEgypt #Egypt #MonetaryPolicy #interestrates

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ECB’s Muller Sees More Than One More Quarter-Point Rate HikeThe European Central Bank is likely to continue raising interest rates at least two more times, according to Governing Council member Madis Muller.“Looking at how fast inflation is right now, I think it’s very likely that we’re in for more than one more 0.25% interest rate hike,” the Estonian central bank chief told reporters in Tallinn on Wednesday. “It also seems to me that it’s probably too optimistic to expect interest rates to drop early next year.”#business #finance #bank #interestrates

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I am amazed when pundits glibly declare that the central bank cannot raise interest rates because of over-indebtedness. Have they considered the possibility that indebtedness is high precisely because interest rates have been kept too low? And for too long? That people over-borrowed because it was cheap to do so? If the central bank itself is inclined to think like those pundits, then it would not only be unable to solve the indebtedness problem, it will also likely fail in its primary function of monetary stability - not just the stability of the domestic value of the currency but also its external value. In an open economy, the domestic and external values of a currency are not unrelated.

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“Two-Percentism” and Its DangersWill Central Banks get us back to the 2% inflation target? and at what cost?In this latest note we look at the where the 2% inflation target comes from and why it might be time to step back and re-think its pertinence.https://lnkd.in/gzddAhyzFeedback and comments welcome as aways.#investing #ratehikes #centralbanks #yields #inflation #recession #economy #risk #riskmanagement #creditrisk #investments #monetarypolicy #markets #money Federal Reserve Board Bank of England Bank of Canada Reserve Bank of Australia Reserve Bank of New Zealand European Central Bank

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I've been asked several times about my expectations for this month's central bank policy meetings in the Eurozone, UK, and US.FWIW ... 55% probability that the ECB hikes 25 basis points; 85% that the Bank of England hikes 25 bps; and 85% that the Federal Reserve leaves rates unchanged.#economy #inflation #growth #centralbanks #Fed #federalreserve #ECB Bank of England

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The “surprise” hikes by the Reserve Bank of Australia and the Bank of Canada in the last two days have given a clear signal to the financial markets - Skip # Pause # EndThe rumors of a monetary tightening pause by DM central banks are highly exaggerated. Hopes of a rate cut by the Fed in 2023 are delusional. #markets #monetarypolicy #hikes #federalreserve #ecb #bankofengland #rba #bankofcanada

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