Mortgage strangulation is about to take place. The central bank will thus stop inflation and the “banking party”
Perhaps as early as Thursday, the Czech National Bank will approve the reintroduction of credit limits on mortgage loans, which it canceled last spring due to a coronavirus pandemic. According to some economists, this would be a rescue brake at a time of rising inflation. At the same time, many people will have to forget […]
The pandemic is driving investors out of Central Europe. The crown is collapsing
“Reports of renewed economic closures in Austria and the continuing explosion of epidemic statistics in other Central European countries have frightened investors so much that they have given up the region and fled to safety,” explains Raiffeisenbank analyst Vít Hradil. “In general, all currencies in Central Europe are weakening, including the koruna. This caused the […]
Mortgage loan applications begin to fall due to current access conditions | Economy
The demand for mortgage credits it began to fall, according to the Central Bank (BC), which found a greater deterioration in the conditions to access a home loan. In the Association of Banks (Abif) they urge recover savings and investment, to reverse the scenario. It has been quite an issue, particularly starting in the second […]
Fed: Powell has a rival, Brainard running for presidency – Ultima Ora
(ANSA) – NEW YORK, NOV 08 – The governor of the Fed Lael Brainard had an interview at the White House for the role of Fed president. last week. The interview signals an acceleration in the choice for the Fed presidency. And indicates that Jerome Powell has a rival for the leadership of the central […]
Interest rates will go up and that’s not a big deal
The key rate is a powerful tool for regulating the Canadian economy, having, among other things, an impact on inflation as well as all interest rates. (Photo: 123RF) GUEST BLOG. Lately, we’ve been hearing more and more about future interest rate hikes, including mortgage rates, especially since the Bank of Canada announced on October 27 […]
the Fed begins to reduce its monetary support to the economy
AFP, published on Wednesday 03 November 2021 at 21:54 The US Central Bank on Wednesday launched the reduction in monetary support it has provided to the economy since the start of the crisis, noting that activity and employment “have continued to strengthen”, and in the face of inflation ” high “. The US Federal Reserve […]
Central European and eurozone central bankers do not understand each other. The apple of contention is the transience of inflation
Central bankers in Central Europe have focused on raising interest rates in the fight against rapidly rising inflation. This is supported by global supply problems and rising energy costs, but also by growing consumer demand and the tight labor market situation, which is pushing up wage increases. According to the estimate of the local statistical […]
Crypto makes Xi Jinping & Putin Migraine, this is the culprit!
Jakarta, CNBC Indonesia – A number of superpower officials seem ‘uneasy’ with the rapid development of digital currencies cryptocurrency or crypto. The reason is, crypto does not need a central bank as physical currency rules. On the other hand, it has now become a means of payment for many things because it is considered to […]
Turn Xi Jinping, Putin, to the Central Bank
Jakarta, CNBC Indonesia – Digital currency cryptocurrency or crypto is still loved by many people in the world, even now it has become a means of payment for many things because it is considered to have value like conventional currency and is more efficient. Moreover, the devotees of crypto coins Bitcoin, Solano, Ethereum and others […]
Overcoming the Evergrande Crisis, China’s Central Bank ‘flush’ Rp 264 T
Jakarta, CNBC Indonesia – China’s central bank, namely The People’s Bank of China (PBOC) poured hundreds of trillions of yuan into China’s financial system. This is done to suppress the concerns of market participants about the crisis of the Chinese giant property company, Evergrande Group. Bloomberg reported on Wednesday (22/9/2021), the PBOC injected 120 billion […]