Page 7 - எங்களுக்கு கூட்டாட்சியின் இருப்பு வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation, Interest Rates, and the CBN’s Quest to Defend the Naira A higher debt burden has meant more pressure on an already tenuous government revenue-to-debt service ratio in the country. The Chair of the US Federal Reserve Bank (Fed), Jerome Powell, may not have calmed global bond markets with his pledge to act only if the markets turned rowdy. But by dampening prospects of a near-term rise in the Fed’s benchmark interest rate, he may have helped emerging economies more. Higher interest rates would have increased the cost of servicing emerging economy debts – many of which rose on the back of interventions last year to keep economies supported against the ravage of the pandemic. Higher interest rates would have hurt these economies, as it did in 2013 with the taper tantrum – not to be confused with a temper tantrum, taper tantrum refers to an actual event of panic selling of U.S. bonds when the then Fed Chair, Ben Bernanke announced the Fed would taper down on quantit

Saudi arabiaJerome powellBen bernankeUs federal reserve bankPt mag campaignFirst bankCentral bankReserve bankFed chairCall willieசவுதி அரேபியாஜெரோம் போவல்எங்களுக்கு கூட்டாட்சியின் இருப்பு வங்கிட் மாக் பிரச்சாரம்முதல் வங்கிமைய வங்கி