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The Institute of International Finance cautions that if U.S. president-elect Donald Trump follows through with the tariffs that he campaigned on, this will result in a renewal of inflation and higher U.S. banking loan interest rates.
2024-11-6

The Turkish central bank raises its main interest rate from 15% to 17.5% in order to control rising inflation, after the key rate nearly doubled last month.
2023-07-20

The economy of New Zealand enters a recession after gross domestic product fell 0.1% in the March quarter, as the central bank raises interest rates to a 14-year high. Annual growth also slowed to 2.2%, according to Statistics New Zealand.
2023-06-15

The Federal Reserve raises its benchmark interest rate by 0.75 percentage point, to 3.75%, the highest rate since January 2008, amid surging inflation in the United States. Federal Reserve chairman Jerome Powell warns that further rate increases are likely.
2022-11-2

The European Central Bank raises interest rates by 0.5 percentage points for the first time since 2011 in order to combat inflation in the EU which increased to 8.6% last month.
2022-07-21

The Reserve Bank of Australia confirms it issued approximately 46 million new Australian $50 notes in late 2018 with a typo in the background fine print: "responsibility" is misspelled as "responsibilty", the third "i" is missing. The mistake appears three times on the note and is extremely small requiring magnification to see. Part of the rollout of Australia's redesigned currency, the A$50 notes feature the first female member of an Australian parliament, social reformer Edith Cowan.
2019-05-9

Bank of England governor Mark Carney says the Bank will not consider raising United Kingdom interest rates until the unemployment rate has fallen to 7% or below.
2013-08-7

The Australian Federal Police charges six senior executives, all former employees of two companies owned by the Reserve Bank of Australia, Securency and Note Printing Australia, in relation to alleged bribery of officials in Malaysia, Vietnam and Indonesia.
2011-07-1

The Bank of Korea increases the main interest rate in South Korea by a quarter percentage point to 3% due to concerns over inflation.
2011-03-10

Law enforcement agencies in Victoria, Australia, the United Kingdom and Spain conduct raids in relation to allegedly corrupt behaviour by the currency subsidiary of the Reserve Bank of Australia.
2010-10-6