International Finance

Category : Economy

Economy

US Fed pares asset purchase by $10 billion a month, holds rates

As was widely anticipated, the US Fed continued with its “tapering” plan to cut asset purchases by another $10 billion a month while leaving interest rates unchanged, Team IFM reports Washington, January 31: As was widely anticipated across all markets, the US Federal Reserve Bank announced on Wednesday that it will reduce its asset purchase...
Economy

Financial Services Firms See the Recovery Taking Hold

Written by Gary Howes. 27th January 2014 “It’s also telling that financial services firms are now less worried by levels of demand and regulation and are instead concerned about a skills crunch, their systems capacity and stronger competition.” – CBI. As the UK economic recovery takes root, it is beginning to feed through to the...
Economy

UK Banks Under Pressure To Shore Up Capital

The global financial architecture has undergone significant changes ever since the financial crisis of 2008 21st January 2014 The UK banks are under pressure by the new regulator, Bank of England’s Prudential Regulation Authority (PRA), to bolster their capital safety nets so that taxpayers’ money is not called upon for bailout in case of another...
Economy

Country Monitor: Brazil Central Bank hikes rates even as economy shrinks

Upcoming elections in October has forced Brazil to try tame inflation even in the face of negative growth for the first time since 2009, reports Team IFM Brasilia, January 21: The dance of democracy inevitably sparks off a tiff in the passion play between politics and economic policy. With general elections looming in October, 2014,...