The start of the week sees a decline in the dollar price. This comes immediately after it suffered a weekly drop for the first time since March. As a result, economists are forecasting more bubbles in the dollar, especially with increasing interest rates in the United States. There is now a strong …
Money management
Bank of England Is Poised to Push Interest Rates to 2009 High to Curtail Inflation
The Bank of England is poised to push interest rates again later this week, this time to their highest level since 2009, as it fights to keep inflation from spiraling out of control.As the Ukraine war exacerbates an already devastating standard of living, officials are set to raise rates by 25% — …
Bank of Japan (BOJ) Insists on Maintaining a Loose Monetary Strategy
Bank of Japan executive governor Haruhiko Kuroda today reiterated the stance of Japan to maintain its current slack monetary stance. He maintains that Japan plans to take a stand away from the general monetary tightening strategy used in many countries.He cited financial stability as the reason most …
