interest-rates
InvestingDollar Hugs 13-month Peak as Market Awaits Next Fed Cue
InvestingDollar Rises After Claims Data, Bitcoin Continues Rally
Top StoriesSNB Board Member Says Inflation Is Within Target Range
BankingEconomists See Russian Inflation Exceeding the Central Bank’s 2024 Estimate
Germany Faces High Corporate Default Risk in 2025, Bundesbank Says
Date: November 21, 2024
FRANKFURT (Reuters) – Germany’s economy is facing deep and profound challenges that could push up corporate insolvencies, keeping default risk elevated next year, the Bundesbank said in a Financial Stability Report on Thursday. Germany’s economy has been skirting a recession for most of the past year as weak export demand, surging energy costs and rising...
UK Pay Growth Steady but Firms See Higher Costs Ahead, Brightmine Says
Date: November 21, 2024
LONDON (Reuters) – Growth in pay awards by British employers held steady in the three months to October but is expected to cool in 2025, according to a survey on Thursday that showed firms under pressure from the new government’s decisions on tax and wages. Human resources data firm Brightmine said the median pay award...
Dollar Pulls Ahead as Markets Focus on Trump Policies, Fed Outlook
Date: November 21, 2024
By Brigid Riley TOKYO (Reuters) – The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump’s proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve. After stalling for three sessions, the greenback was back on the march higher,...
Investors Lift US Dollar, Focus on Federal Reserve Outlook
Date: November 21, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve’s interest rate plans and U.S. President-elect Donald Trump’s proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a brief...
Dollar Resumes Climb After Three-Day Fall as Investors Eye Fed
Date: November 20, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, restarting its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve’s plans for interest rates and U.S. President-elect Donald Trump’s proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a...
UK Inflation Jumps to 2.3%, Underscoring BoE’s Stance for Gradual Rate Cuts
Date: November 20, 2024
By William Schomberg and David Milliken LONDON (Reuters) -British inflation jumped by more than expected last month to rise back above the Bank of England’s 2% target and underlying price growth gathered speed too, showing why the BoE is moving cautiously on interest rate cuts. Consumer prices rose by an annual 2.3% in October, pushed...