JPMorgan, Deutsche Bank Now See ECB Cutting Rates This Week

The request by the Parliamentary Committee on Economy, Industry and Trade to the Bank of Tanzania (BoT) to lower Treasury Bill rates to encourage a similar move by commercial banks on interest rates on loans should be hailed.

Tanzania’s CRDB Bank PLC marked its Customer Service Week in the second week of October 2014. Among other things, and contrary to what is normal, the week was marked by some CRDB managers manning front line desks.

JPMorgan advise Nigeria to devalue naira by 10% to avoid foreign portfolio outflows  Naija247newsCoronavirus, oil price crash trigger dollar shortage in Nigeria  Quartz AfricaView Full coverage on Google News

Mkuu wa Idara ya Kiswahili ya Radio Deutsche WELLE Bi. Andrea Schmidt akimshukuru Balozi wa Tanzania Jumuiya ya Ulaya baada kubadilishana mawazo kuhusu masuala mbalimbali ya ushirikiano kati ya Tanzania na Jumuiya ya Ulaya ofisini kwake Bonn.

Deutsche Telekom tests data transmission on network slices with Ericsson, Nokia, Qualcomm  Telecompaper

The European Central Bank said on Friday it will publish the results of new stress tests of eurozone banks on October 26, before it takes over as the region’s banking supervisor.

ECB's monetary bazooka peps up Asian stocks  RFIECB launches emergency $820bn coronavirus package  BBC NewsCoronavirus latest: ECB launches multi-billion euro 'pandemic emergency' scheme  Deutsche WelleCash is king as emergency stimulus fails to stop market panic  ReutersEurope’s Central Bank Vastly Expands Stimulus Measures  The New York TimesView Full coverage on Google News

The ECB will roll out its big guns at its monetary policy meeting this week, ramping up its trillion-euro asset purchases and cutting key rates to hike weak inflation, analysts said.

The European Central Bank yesterday stepped up efforts to kick start chronically low inflation in the euro area at a meeting Thursday, cutting a key interest rate and preparing further measures to ease monetary conditions in the single currency area.