interest-rates
Top StoriesDollar Supported as Longer-Run US Rates Seen Higher
InvestingOil Prices Edge Down on Soft Chinese Spending Data
Top StoriesRussia’s Key Rate Seen Climbing by Another 200 Bps to 23%: Reuters Poll
TradingSterling Ticks Up, PMIs Show UK Price Pressures
Czech Central Bank Will Interrupt Rate Cut Path, Analysts Say: Reuters Poll
Date: December 16, 2024
(This Dec. 13 story has been corrected to remove two erroneous bullet points) By Jan Lopatka PRAGUE (Reuters) – The Czech National Bank (CNB) will interrupt its policy-easing cycle next week after a year of consecutive rate cuts, but will return to easing in the first quarter next year, a Reuters poll suggested on Friday....
SNB Lowers Threshold Factor for Sight Deposit Interest Payments
Date: December 16, 2024
ZURICH (Reuters) – The Swiss National Bank will lower the threshold factor where it pays interest on sight deposits to commercial banks lodging money with it overnight, the central bank said on Monday. The SNB will pay interest at its policy rate of 0.5% to banks up to 20 times their minimum reserve requirement from...
Asia Wary of Fed Rate Plans, China Retail Disappoints
Date: December 16, 2024
By Wayne Cole SYDNEY (Reuters) -Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data. Figures from China out on Monday showed retail sales rose just 3.0% in November,...
Oil Drops From Highest in Weeks, Focus on Fed Rate Cuts
Date: December 16, 2024
By Florence Tan SINGAPORE (Reuters) – Oil futures eased from their highest levels in weeks as traders took profit while waiting for a Federal Reserve meeting later this week for clues on further rate cuts. Falls were limited, however, by concerns of supply disruptions in the event of more U.S. sanctions on major suppliers Russia...
Dollar Hovers Near 3-week High Before Fed; Bitcoin Tops $105,000
Date: December 16, 2024
By Kevin Buckland TOKYO (Reuters) -The dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025. Bitcoin soared above $105,000 for the first time, buoyed by signs President-elect Donald Trump will go...
Bank of England’s Dhingra Calls for More Interest Rate Cuts
Date: December 6, 2024
By David Milliken (Reuters) -The Bank of England needs to cut interest rates further as its policy stance is still very restrictive and is hurting living standards, business investment and potentially longer-term productivity, policymaker Swati Dhingra said on Friday. “A combination of all of those factors – the weak consumption, the weak investment and possible...