The Spectator

Tag : monetary policy

Business

Egyptian expat remittances surge 27.2% to $33.9 billion

thespectator.co.in
– Remittances from Egyptians working abroad rose 27.2% in the first eight months of 2026 to a record $33.9 billion. The Central Bank of Egypt reported the figures on Tuesday, October 13. Inflows stood at...
Business

Gold prices decline on Federal Reserve rate decision as spot drops

thespectator.co.in
Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates by a quarter of a percentage point. Spot bullion fell...
Business

Japan stocks slide as Nikkei falls and bond yields rise

thespectator.co.in
Japan's Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to 65,096.63 before extending losses to an intraday low of 64,832.10....
Business

Private sector wage growth hits six year low in latest UK data

thespectator.co.in
Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data...
Business

Dollar heads for weekly gain as yen nears 160 level

thespectator.co.in
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in...
Business

Bank of Korea keeps rate at 2.5% for seventh hold

thespectator.co.in
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
Business

South Korea central bank hits record annual profit

thespectator.co.in
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 on foreign-currency assets and stronger securities prices lifted results. The...
Business

Bank of Japan lifts rates to highest level in 30 years

thespectator.co.in
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 its gradual departure from ultra-loose monetary policy. The central bank...
Business

Fed Chair Powell signals smaller rate cuts to keep economy in solid shape

thespectator.co.in
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although future interest rate cuts will likely come in smaller increments....