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Central Banker Report Cards 2024: Asia-Pacific

Global Finance

The political turmoil fuelled a spike in inflation, which hit 11.66% in July amid fast-dwindling foreign exchange reserves. Mansur announced plans to hike the benchmark rate by 50 basis points to 9%, and stated that rates would hit 10% within the coming months. Benchmark rates are expected to remain unchanged at 3%.

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Central Banker Report Cards 2024: Europe

Global Finance

One of the main secrets behind the country’s above-average performance is a sustained increase in employment, resulting in upward revisions of growth forecasts and a more substantial budget surplus. this year, sustainably below the bank’s 2% target.

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Central Banker Report Cards 2024: The Americas

Global Finance

This has resulted in foreign exchange rationing and the emergence of parallel-market exchange rates in the context of a stabilized currency regime.” In June, the CBC had paused its easing cycle, following seven consecutive reductions over the past year that lowered the country’s benchmark Selic interest rate to 10.5%.

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Transcript: Kenneth Tropin

Barry Ritholtz

That’s the foreign exchange markets, and to some extent, commodities. RITHOLTZ: And last question about the various teams, does everybody have a different benchmark? TROPIN: And you know, we certainly did that on a portion of what we look at as our risk budget. So you know, that’s fixed income markets.

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World’s Best Banks 2024—Asia-Pacific

Global Finance

survey, most banks across APAC increased 2023 tech budgets to boost security, transform data and avoid downtime. Assets and deposits both hit record growth—each up by 19%—and all of the bank’s product offerings, including consumer loans, agriculture lending and microfinance, hit new benchmark highs. gain, booking 3.6 million).

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Central Banker Report Cards 2024: Africa And The Middle East

Global Finance

The CBB cut its one-week deposit rate to 5.75% in September after the Fed reduced its benchmark rate, and the overnight deposit rate to 5.5%. In June, it left the benchmark policy rate unchanged at 5% for the fifth time in a row, forecasting that inflation across the region will dip to a still high 3.9% in the first quarter.

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Transcript: Bill Dudley, NY Fed Chief

Barry Ritholtz

But, but, you know, we, I focused mostly on fixed income and foreign exchange. 00:07:47 [Speaker Changed] So, so after, you know, more than 20 years at Goldman, you joined the New York Fed in 2007, overseeing domestic and foreign exchange trading operations, 2007, that, that’s some timing. Ma makes a lot of sense.