Tag: Central Banks
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Fed Holds Rates Firm as Political Pressure Mounts on Powell’s Succession
The Federal Reserve maintained interest rates at current levels, resisting vocal demands from President Trump for aggressive cuts while markets increasingly focus on who...
Central Banks in Singapore Phasing Out OTP Login for Digital Token Users to Combat Scams
Singapore's central banks, including DBS, OCBC, and UOB, are set to phase out one-time passwords (OTP) for customers using digital tokens within the next...
Fed’s decision will put pressure on emerging-market central banks
Emerging-market central banks are increasingly under pressure to hike rates as the Federal Reserve is poised to maintain US rates at a two-decade high...
Central Banks exists for national welfare not profits – Dr Addison
Dr Ernest Addison, Governor of the Bank of Ghana (BoG), says it is important for Ghanaians to recognise the role of Central Banks as institutions...
EU poised for stimulus amid COVID-19 risks
The announcement of rate cut from several major central banks in the world has pushed policymakers in the European Union (EU) one step further...
