The strong rise in the parallel dollar that reached record values in all its versions in the week shows that the BCRA and the Ministry of Economy cannot find a way around to stop the exit of dollars from the system, despite the new traps that the BCRA implemented in the financial market, particularly in … Read more
Markets tremble before an unprecedented double adjustment of the Fed A quick double whammy of interest rate hikes and Fed balance sheet shrinkage risks destabilizing markets For iProfesional 21/01/2022 – 07,46hs A quick double whammy of interest rate hikes and the shrinking of the Fed’s balance sheet it risks destabilizing bond and equity markets that … Read more
China’s economy grew strongly last year – but towards the end of the year the growth slowed significantly. At the same time, the birth rate in the world’s most populous country has fallen to a record low. 8.1 percent was at gross domestic product the growth for the whole of 2021. In the fourth quarter, … Read more
The pandemic and the efforts of law enforcement officers have dramatically changed the situation with thefts, according to data from the Renaissance Insurance company. Thus, expensive SUVs and luxury cars, traditionally preferred by criminals earlier, left the leaders. But the mass market is being kidnapped actively, and there have been changes in the top of … Read more
China’s economy grew strongly last year – but towards the end of the year the growth slowed significantly. At the same time, the birth rate in the world’s most populous country has fallen to a record low. 8.1 percent was at gross domestic product the growth for the whole of 2021. In the fourth quarter, … Read more
01:16 PM Sunday 16 January 2022 I wrote – Manal Al-Masry: Bankers expected the central bank to fix the interest rate for the tenth time in a row, during the first meeting of the Monetary Policy Committee this year during the month of February. The Monetary Policy Committee of the Central Bank decided to fix … Read more
The rise in inflation in December, which was 3.8 percent monthly, marks a change from November’s low inflation of 2.5%. Therefore, If the BCRA increases the official exchange rate by only 1.8% per month, as happened in December, it may continue to fall short. Of the last 50 months, in 30 retail prices rose 3% … Read more
Elvira Nabiullina (Photo: Andrey Lyubimov / RBC) The Central Bank (CB) will not collect data on transfers of individuals, said the head of the Bank of Russia Elvira Nabiullina on the air of the TV channel “Russia 1” (broadcast was conducted на YouTube). The central bank works with banks, where there is a risk of … Read more
On the other hand, demand is perceived to be weak in the portfolios of households and large companies. The central bank reported this morning the results of the bank credit survey of the fourth quarter in which he indicated that credit offer conditions have become more restrictive, except for the consumer segment. The governing body … Read more
A Ômicron variant it is advancing rapidly around the world, closing borders and creating new restrictions on economic activity. However, central banks, rather than loosening monetary policy to support their economies, as they did at the start of the pandemic, are acting to ease stimulus and raise interest rates. Last week, the Federal Reserve, Bank … Read more