monetary-policy
Top StoriesPro-Government Economists Blame Central Bank for Plunging Russia Into ‘stagflation’
InvestingEurope’s Stoxx 600 Jumps on Defence Stocks Prospects, Data in Focus
InvestingUK Stocks Rebound as Investors Await Key Data
FinanceSwiss National Bank Not Locked Into Rate Cuts, Vice Chairman Says
Euro Hits Lowest Since Late June vs Dollar on Tariff Worries
Date: November 11, 2024
By Stefano Rebaudo and Wayne Cole (Reuters) -The euro hit a 4-1/2-month low against the U.S. dollar as investors worried about possible U.S. tariffs which would hurt the euro area’s economy. The greenback was within striking distance of the levels seen right after the U.S. presidential election against major currencies as markets focused on data...
Morning Bid: Markets Feel Familiar Frustration With Beijing
Date: November 11, 2024
A look at the day ahead in European and global markets from Wayne Cole. It’s been a muted session in Asia with investors still nursing a grudge over China’s latest policy package, which was heavy on debt swapping but again light on direct stimulus. Analysts assume Beijing wants to keep its powder dry should President-elect...
Swiss National Bank Not Locked Into Rate Cuts, Vice Chairman Says
Date: November 11, 2024
ZURICH (Reuters) – The Swiss National Bank is not locked into more interest rate cuts in December, Vice Chairman Antoine Martin was quoted as saying in an interview published on Monday, despite previous comments it could trim borrowing costs after tackling inflation. The SNB has been at the forefront of central banks cutting interest rates...
Dollar Underpinned Before US Inflation Data, Fed Speakers
Date: November 11, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar edged higher on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the bleak background in China, data out over the weekend showed consumer prices rose...
No Reason Not to Cut Rates in Dec as of Now, ECB’s Holzmann Tells Paper
Date: November 11, 2024
VIENNA (Reuters) – As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the decision will be based on the data available then, ECB policymaker Robert Holzmann said in remarks published on Sunday. Last month the ECB cut interest rates for the third time...
Dollar Braces for US Inflation Data and Several Fed Speakers
Date: November 11, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the weak background in China, data out over the weekend showed...