ECB follows the Fed with second 0.75% rate hike - (TREASURY NEWS)

Pushpendra Mehta meets with Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:

• Australia signals further tightening, raises key rate
• European Central Bank increases rates faster than expected in the face of soaring inflation
• More large US companies link executive pay to ESG performance
• UST partners with TreasuryPay to optimise treasury and trade functions
• Kyriba launches liquidity planning, a reimagined cash flow planning and forecasting solution
• Mastercard diversifies payment flows and aims to compete for debit card volumes
• European Commission proposes mandating instant payments in euros
• M&A activity looks anemic heading to year-end