The Swiss National Bank revealed on Tuesday that it sold 132.9 billion Swiss francs ($149.51 billion) worth of foreign currency in 2023, showcasing its elevated […]
Tag: Monetary Policy
Swiss National Bank Posts $3.62 Billion Annual Loss in 2023 Due to Currency Appreciation and Monetary Policy Adjustments
In 2023, the Swiss National Bank (SNB) reported an annual loss of 3.2 billion Swiss francs ($3.62 billion), attributing it to the appreciation of the […]
Moody’s Upgrades India’s Economic Outlook: 2024 GDP Growth Raised to 6.8%, Anticipates Continued Strong Performance
Key Highlights GDP Growth Upgrade: Moody’s raises India’s 2024 GDP estimate to 6.8% from the earlier 6.1%. Fastest Growing G20 Economy: India expected to maintain […]
Federal Reserve Minutes: Policymaker Debates on Economic Policy, Inflation Progress, and Future Reviews
Most Federal Reserve policymakers acknowledged the risks of lowering interest rates too quickly and stressed the importance of waiting for more data to assess if […]
RBI Governor Shaktikanta Das Stresses Dual Focus on Inflation and Growth in Comprehensive Economic Address
Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at a banking event in Mumbai, reasserted the central bank’s commitment to a dual focus on […]