The unbiased perspective

  When the Federal Reserve raised the interest rate by 25 basis points on Wednesday. This indicates that the U.S. central bank will prioritize the fight against inflation over the turmoil in the banking sector. This actions of the Federal Reserve will likely drive the decisions of central banks around the world, as they seek to strike a delicate balance among growth, inflation and currency volatility.  This decisions comes after it is nearly two weeks of turmoil in the finance industry. This is ninth consecutive increase in one year since the central bank began the current rate-raising cycle to combat rising prices. Over the last 12-months, inflation spiked to a 40-year high. After that, the Bank of England also raised interest rates by a quarter of percentage point, it is their eleventh consecutive increase since December 2021. What does it indicates? "The bank problems are probably making a lot of people think twice", said Diana Furchtgott-Roth, an economics professor at G...

On March 15, credit Suisse shed a quarter of its value after its largest shareholder said it could not provide any more support. Saudi national Bank(SNB) who is the largest shareholder which hold about 9.9% credit Swiss, said it would not buy any more shares. According to the statement of SNB chairman Ammar Al Khudairy "we cannot because we would go above 10 per cent. Its a regulatory issue". After that the shares of credit Swiss dropped by as much as 30%, which leads to a fall of 7% in the European banking index. The stick has pummelled earlier in the week due to the collapse of US tech lender silicon valley Bank. The analysts of France said that the credit Suisse want a bailout by the Swiss National Bank and financial regulator FINMA, possibly one or more other banks. The analysts also said that the Saudi National Bank could do a U-turn.. Last year the Saudi National Bank has increased it stake in credit Suisse and committed to invest up to $1.5 dollars. On Tuesday the ban...