monetary-policy
BankingCzech Central Bank Will Interrupt Rate Cut Path, Analysts Say: Reuters Poll
FinanceSNB Lowers Threshold Factor for Sight Deposit Interest Payments
InvestingFrench Stocks Lead Declines in Europe After Moody’s Downgrade, PMI Data
InvestingMorning Bid: Chinese Consumers Shut up Shop
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...
Euro Zone Productivity Growth Remains Weak in Q3, Data Shows
Date: December 6, 2024
FRANKFURT (Reuters) – Euro zone productivity growth remained weak in the third quarter despite a modest expansion in the bloc’s economy, continuing a poor run that has lasted years, data from Eurostat showed on Friday. Per capita productivity was unchanged compared to the same quarter a year earlier while it expanded by 0.5% based on...
Morning Bid: Risk-Wary Markets Count Down to Payrolls
Date: December 6, 2024
A look at the day ahead in European and global markets from Stella Qiu Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors’ nerves as they awaited a crucial U.S. nonfarm payrolls report that could alter the odds of a Federal Reserve rate cut this month....
The Pressure’s On: Five Questions for the ECB
Date: December 6, 2024
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – The European Central Bank looks set to cut rates again next week as inflation heads down, and financial markets are keen for a sense of whether a more challenging environment will spark speedier moves ahead. Since the October meeting, a U.S. election win for Donald Trump...
Currency Markets on Edge Amid Political Turmoil, Eye US Jobs Report
Date: December 6, 2024
By Brigid Riley TOKYO (Reuters) -Major currencies remained jittery on Friday as markets considered the impact of a politically turbulent week that saw the collapse of France’s government and the brief imposition of martial law in South Korea. The U.S. dollar spiked against South Korea’s won after local media reported that South Korea’s main opposition...
Unclear How Trump Tariffs Would Move UK Inflation, BoE’s Greene Says
Date: December 6, 2024
By David Milliken LONDON (Reuters) – It is still not clear whether higher U.S. tariffs on goods imports proposed by U.S. President-elect Donald Trump would raise or lower British inflation, Bank of England policymaker Megan Greene said on Thursday. None of us know exactly what those tariffs might look like. We can’t even work out...