Policy of raising the rates will continue-Global banks
2022.12.02 10:43
Policy of raising the rates will continue-Global banks
Budrigannews.com – In November, the rates and rates of growth reported by national banks intensified again, as the producers of strategic strategies on the planet face a decade of growth.
Last month, Central Banks, which are responsible for six currencies trading more frequently, received a 350-point increase in interest rates. Good, good, good, the increase in interest rates in November reached the banks of England, the Reserve Bank of Australia and the Norwegian Bank Norges Bank, Riks Bank in Sweden, the Reserve Bank of New Zealand.
“In November, Japan, Canada, the Swiss National Bank or the European Central Bank did not hold interest rate setting meetings.” The most recent measures increased the total volume of G10 central bank rate hikes to 2,400 basis points in 2022. Alexander Dimitrievich from SP Global stated: “The interest rate will continue to rise.” The rating of 2023. “
The increase in interest rates should continue, as central banks are full of desire to reduce inflation.” Recently, the global financial business sectors have been experiencing exciting dynamics, because the financial sponsor is trying to assess how quickly and how far the US Central Bank, as well as other major US banks, intend to increase rates in the fight against inflation, and how fears of a slowdown in global development are spreading. Recently, the markets have supported the signs that inflation rates may slow down in the United States.
The Fed meeting is scheduled to be held on December 13-14 in Moscow. “In December, Fed Chairman Jerome Powell believes that the US Central Bank may raise rates immediately. The same patterns were observed in these central banks of developing countries.
Eight of the 18 Central banks raised the rate by 400 basis points in November, compared with 325 basis points in October, but the monthly results are more than 800 basis points in June-July and more than 800 basis points in June-July. In November, Indonesia, South Korea, Mexico, Thailand, Malaysia, the Philippines, Israel and South Africa all increased their bets, which means a rapid shift in strategy towards Asia, Latin America and Europe’s emerging Europe.
Nafiz Zuk from Aviva said: “Despite several countries, we were going through the most intensive stage of the rate growth cycle.” Investors. Abnormal Turkey, in which President Erdogan insisted on reducing financial costs, passed another benchmark of 150 basis points to reduce rates to single digits, although the growth exceeds 80. In order to set the rate on the market of emerging banks, not all participants in the sample last month did not meet.
Calculations have shown that this year the Central banks of emerging markets have increased the interest rate by 7,165 basis points and more than twice exceed 2,745 basis points in general in 2021.