Tag : monetary policy

Business

South Korea central bank hits record annual profit

iraqupdate.com
SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Business

Bank of Japan lifts rates to highest level in 30 years

iraqupdate.com
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
Featured News

UK growth forecast slashed as Bank of England lowers rates

iraqupdate.com
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Featured News

Japan raises interest rates to 0.5 percent amid inflation concerns

iraqupdate.com
Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing...
Featured News

Treasury yields rise as markets await Fed minutes and jobs data

iraqupdate.com
U.S. Treasury yields rose Wednesday as investors awaited labor data and Fed minutes, focusing on interest rate outlook amid economic strength and inflation expectations....
Featured News

European stocks decline as bond yields rise amid policy uncertainty

iraqupdate.com
European stocks dropped as bond yields rose, with STOXX 600 down 0.3% amid inflation fears, policy uncertainty, and rate hike concerns as traders await ECB...
Featured News

Germany’s economic activity sees persistent decline amid weak manufacturing

iraqupdate.com
Germany’s economic contraction extended into December, marking six straight months of decline as weak manufacturing output offset modest stability in the services sector....
Business

Powell confirms Fed will move cautiously on future interest rate cuts

iraqupdate.com
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends,...