Moodys Archives - Financial Mirror

MOODYS: Turkey accelerating monetary tightening is positive

On 21 September, the Central Bank of Turkiye (CBRT) raised its policy rate by 500 basis points (bp) to 30%, following a larger-than-expected 750bp increase in August and a more moderate pace

28th September 2023

Comment/Markets

MOODYS: ECB rate rise positive for banks despite slowing economy

Rather than pausing as expected by many observers, the European Central Bank (ECB) raised its main refinancing operations (MRO) rate by 25 basis points (bps) to an all-time high of 4.5% to

18th September 2023

Europe

MOODYS: Turkey relaxing lending rate cap eases pressure on banks

The Central Bank of Turkey removing the first-tier threshold of the security maintenance ratio requiring banks to hold a defined percentage of government securities as reserves against loans is welcomed by Moody’s.

2nd August 2023

Business/World

U.S. core inflation fever breaks in June

By Moody’s Analytics The U.S. disinflationary forces gathered steam in June. The U.S. consumer price index rose 0.2% in June, in line with our below-consensus forecast. This comes on the heels of

17th July 2023

Markets/World

MOODYS: UK house prices to fall 10%

Persistently high inflation and the recent spike in lending rates will trigger a correction in the UK housing market, a Moody’s analysis predicts. “We expect a decline of up to 10% in

13th June 2023

Europe

MOODYS: Erdogan’s unorthodoxy will undermine lira

Turkiye President Recep Tayyip Erdoğan’s re-election will likely lead to a continuation of unorthodox economic policies and the central bank’s (CBRT) extraordinarily loose monetary policy, argues Moody’s analysis. The policy stance has

6th June 2023

World

U.S. CPI better than meets the eye

By Moody’s Analytics The details to April’s U.S. consumer price index were more favourable than the topline figure would suggest at first glance. Excluding food and energy, the CPI was up 0.4%

14th May 2023

Comment/Markets/World

Moody’s sees Cyprus as ‘potential rising star’

Moody’s has identified Cyprus as a “potential rising star” to see its rating raised to ‘investment grade’ after 11 years of lingering in junk mode, according to a report released on Monday.

2nd May 2023

Cyprus/Economy

U.S. first quarter GDP disappoints

By Moody’s Analytics The U.S. economy had perked up in the second half of 2022, with growth averaging near a modestly above trend 3%. However, this came on the heels of declines

30th April 2023

Guests/Markets/World

The Fed presses on

By Moody’s Analytics The Federal Open Market Committee meeting this week was as highly anticipated as any in recent memory. And that’s saying something given the turbulence of the past three years.

25th March 2023

Markets/World

Moodys

MOODYS: Turkey accelerating monetary tightening is positive

MOODYS: ECB rate rise positive for banks despite slowing economy

MOODYS: Turkey relaxing lending rate cap eases pressure on banks

U.S. core inflation fever breaks in June

MOODYS: UK house prices to fall 10%

MOODYS: Erdogan’s unorthodoxy will undermine lira

U.S. CPI better than meets the eye

Moody’s sees Cyprus as ‘potential rising star’

U.S. first quarter GDP disappoints

The Fed presses on

MOODYS: Turkey accelerating monetary tightening is positive

Tales from New York

Game over for Armenia?

Patients fuming over worsening health service

MOODYS: Turkey accelerating monetary tightening is positive

Football chief faces conflict of interest charge

Cypriots less interested in the news