Tag: Economy

2/2 © Reuters. FILE PHOTO: A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo 2/2 By Wayne Cole SYDNEY (Reuters) -Australia’s central bank left interest rates at a super-loose 0.1% on Tuesday and stuck with its bond buying…

© Reuters. FILE PHOTO: Swiss National Bank (SNB) Vice-Chairman Fritz Zurbruegg attends a news conference in Bern, Switzerland June 18, 2020. REUTERS/Arnd Wiegmann By John Revill ZURICH (Reuters) -Swiss National Bank Vice Chairman Fritz Zurbruegg, who implemented the ripping up of the central bank’s minimum exchange rate policy and the introduction of negative interest rates…

© Reuters. FILE PHOTO: Masked customers queue outside a shop in the Newtown suburb in the wake of coronavirus disease (COVID-19) regulations easing, following an extended lockdown to curb an outbreak, in Sydney, Australia, October 22, 2021. REUTERS/Jaimi Joy MELBOURNE (Reuters) – Australia will raise its 2022 economic growth forecast at the mid-year budget review,…

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman/File Photo By Andrea Shalal WASHINGTON (Reuters) – Private and sovereign creditors should accelerate work on debt restructuring efforts for countries like Chad, Zambia and Ethiopia or risk…

© Reuters. FILE PHOTO: A man is seen silhouetted wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walking near the financial district of New York City, U.S., October 18, 2021. REUTERS/Shannon Stapleton By David Henry NEW YORK (Reuters) – The global banking industry built up capital and showed its stability during the…

© Reuters ADDIS ABABA (Reuters) – Ethiopia’s central bank has lifted a suspension of lending by commercial banks to their customers using collateral such as property, the bank said on Monday. The economy has been shaken by a conflict that has lasted more than a year pitting Prime Minister Abiy Ahmed’s national army against rebellious…

2/2 © Reuters. FILE PHOTO: A combination photo shows Canadian investment banks RBC, CIBC, BMO, TD and Scotiabank in Toronto, Ontario, Canada on March 16, 2017. REUTERS/Chris Helgren/File Photo 2/2 By Nichola Saminather TORONTO (Reuters) – Canada’s top six banks are expected to resume raising dividends and share buybacks after nearly a two-year hiatus and…

© Reuters. FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne By Jonnelle Marte (Reuters) – Atlanta Federal Reserve President Raphael Bostic said on Friday he is hopeful that the momentum of…

© Reuters. FILE PHOTO: A site fence is placed in front of the Austrian National Bank (OeNB) building in Vienna, Austria, June 15, 2018. REUTERS/Heinz-Peter Bader VIENNA (Reuters) – Risks from insufficiently cautious mortgage lending are increasing amid Austria’s housing market boom, the central bank said on Wednesday, stressing that such loans need close scrutiny.…

CARTERET, N.J., Nov. 23, 2021 /PRNewswire/ —   United Roosevelt Savings Bank (“URSB”) a community focused financial institution in Carteret, established in 1914 and located on Cooke Avenue announced that it has donated $1 million to the  Carteret Performing Arts & Events Center (CPAC) and has been awarded the naming rights for the state-of-the-art facility.   “URSB is…