The recent release of the Reserve Bank of Australia (RBA) meeting minutes highlighted the board’s consideration of raising interest rates but ultimately deciding in favor of maintaining a steady policy. The board acknowledged the difficulty of predicting future changes in the cash rate, indicating a cautious approach to monetary policy adjustments. Additionally, the board expressed
0 Comments
Fed vice chair for supervision, Michael Barr, expressed concerns regarding the U.S. inflation data in the early months of 2024. According to Barr, the inflation readings during the first quarter of the year were deemed disappointing, leading to a lack of sufficient evidence for the central bank to consider easing monetary policy. This statement indicates
0 Comments
Sri Lanka is set to unveil a new economic transformation law that aims to attract investors and boost productivity, as stated by the country’s state minister of finance. The law, approved by the cabinet and backed by the IMF, will be presented to parliament this week, signaling a crucial step towards sustainable growth and recovery
0 Comments