central banks

High inflation in Turkey warns of more losses for Gulf banks

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A general view of Emirates NBD on January 3, 2017 in Dubai, United Arab Emirates. Tom Dolat | Getty Images Dubai, United Arab Emirates – Banks dealing with Turkey have faced losses since the country’s currency began to decline sharply in 2018; Now, lenders in many of the oil-rich Gulf states in particular are set … Read more

Market players are beginning to fear a critical policy mistake from the central bank

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A screen displays a Federal Reserve rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US Federal Reserve Last week hit a hawkish tone on fighting inflation through monetary policy, but analysts are concerned … Read more