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Keywords: Central Bank
A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......
Central banks across major economies are reassessing monetary policy as the conflict involving Iran continues to push oil prices above 100 dollars per barrel, intensifying concerns over imported inflation and energy costs. Policymakers from Europe to Asia are increasingly signaling that prolonged geopolitical......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
Uganda has passed a revised version of its controversial sovereignty bill, following warnings from the country’s central bank governor over potential economic risks linked to the original proposal. The legislation, known as the “Protection of Sovereignty Bill”, was approved by parliament......
Two months into the conflict in the Middle East, the economic fallout from the war in Iran has spread well beyond energy markets, rippling through petrochemicals, manufactured goods, food, and consumer products as companies pass rising costs onto buyers and central banks around the world prepare to tighten......
A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......
Spain is expected to push for continued representation on the Executive Board of the European Central Bank (ECB) following the upcoming departure of Vice-President Luis de Guindos. As one of the eurozone’s largest economies, Spain considers its presence on the ECB’s top decision-making body......
The government of India has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to an official government notice. Jain’s appointment will take effect from May 3 for a term of three years. He currently serves as an executive director at the central bank, and his new......
The Governor of the Bank of Portugal, Alvaro Santos Pereira, was required to divest personal shareholdings following a review by the European Central Bank, according to official statements released by the central bank. Shortly after assuming office, Santos Pereira had purchased shares in major Portuguese-listed......