monetary-policy
InvestingEuropean Stocks Tumble After Fed’s Hawkish Signal
BankingBank of England to Keep Rates Steady as Price Pressures Linger
BankingSwedish Central Bank Cuts Policy Rate, Cautious on Easing in 2025
FinanceFed’s Hawkish Tilt Has Emerging Markets Scurrying to Save Currencies
BOJ Keeps Rates Steady, Hawkish Board Member Dissents
Date: December 19, 2024
By Leika Kihara, Makiko Yamazaki TOKYO (Reuters) -The Bank of Japan kept interest rates unchanged on Thursday but one dissenting board member’s proposal to push up borrowing costs showed the bank remains on track to tighten policy early next year. As widely expected, the nine-member BOJ board voted 8-1 to keep its short-term policy rate...
Analysis-US Stocks Face Headwind From Rising Yields After Fed Signals Fewer Rate Cuts
Date: December 19, 2024
By Lewis Krauskopf and Suzanne McGee NEW YORK (Reuters) – The rally in U.S. stocks is encountering a fresh hurdle — a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025. The central bank’s rate outlook on Wednesday included only two cuts in the coming year, rather...
Bank of England to Keep Rates Steady as Price Pressures Linger
Date: December 19, 2024
By David Milliken LONDON (Reuters) – The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a “gradual” approach towards cutting borrowing costs. All 71 economists polled by Reuters said rates would stay unchanged for now. Most expect...
Asian Stocks Slide After Fed Flags Slower Rate Cuts, BOJ Stands Pat
Date: December 19, 2024
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it would ease the pace of rate cuts in the coming year, while the Bank of Japan kept rates steady, as expected. The yen weakened to touch a one-month low...
Sterling Drops Before Fed Policy Meeting, After UK Inflation Data
Date: December 18, 2024
By Stefano Rebaudo (Reuters) – Sterling fell versus the dollar before the Federal Reserve’s policy meeting later on Wednesday, which could suggest a less aggressive monetary easing path in the U.S., while British inflation figures were in line with analyst expectations. Consumer prices rose by an annual 2.6% in November, although services inflation held at...
Oil Edges up Ahead of US Fed Rate Decision, 2025 Outlook
Date: December 18, 2024
By Arunima Kumar (Reuters) -Oil edged up on Wednesday as a drop in U.S. crude inventories offered some support, although investors stayed cautious ahead of a potential interest rate cut by the U.S. Federal Reserve and its projections for 2025. Brent futures rose 53 cents, or 0.7%, to $73.72 a barrel at 1436 GMT, while...