Jerome Powell, whose term as chair ends May 15, can remain in his board seat until January 2028
Net interest margins are stable or continued to narrow across the banks, while non-performing loan ratios are largely stable
Despite rising bad loans from developers and consumers, the banks report steady non-performing loan (NPL) ratios
Its monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1%
Its monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1%
Markets have remained broadly resilient so far in the second quarter, the bank says
The bank has been scaling up in India, with its investment in Shriram Finance marking a big move
The bank has been scaling up in India, with its investment in Shriram Finance marking a big move
New Zealand’s top central banker on Wednesday said that measures of core inflation in the first quarter had remained stable within...
Other mainstream models such as Gemini and ChatGPT were still available to staff
