monetary-policy

Image for South African reforms could push rand higher, central bank chief saysBanking

South African Reforms Could Push Rand Higher, Central Bank Chief Says

Image for ECB hawks push back against bets on more and bigger cutsBusiness

ECB Hawks Push Back Against Bets on More and Bigger Cuts

Image for Euro, yen bounce as dollar stalls near three-month highsTrading

Euro, Yen Bounce as Dollar Stalls Near Three-Month Highs

Image for Widening U.S. fiscal deficit a growing worry, says Scope RatingsFinance

Widening U.S. Fiscal Deficit a Growing Worry, Says Scope Ratings

Image for Bank of England’s Mann says fall in inflation pressure has long way to go

Bank of England’s Mann Says Fall in Inflation Pressure Has Long Way to Go

Date: October 24, 2024

WASHINGTON (Reuters) -Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the cooling of price growth still had “a long way to go” for the central bank to hit its 2% inflation target over the medium term. “Our headline price print … was lower than projected in...

Image for FTSE 100 touches five-month closing high on optimism over rate cuts

FTSE 100 Touches Five-Month Closing High on Optimism Over Rate Cuts

Date: October 18, 2024

By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest control group Rentokil announced an overhaul of its struggling North America business, while investors continued to bet on further policy easing by the Bank of England (BoE). The blue-chip index rose 0.7% to...

Image for Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

Denmark’s Central Bank Cuts Key Interest Rate to 2.85%, Mirroring ECB

Date: October 18, 2024

COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy interest rate by 25 basis points to 2.85% on Thursday as expected, following the European Central Bank’s decision earlier in the day to reduce euro zone rates. The interest rate reduction is a consequence of the reduction by the European Central Bank of its...

Image for ECB cuts rates once more as euro zone economy sags

ECB Cuts Rates Once More as Euro Zone Economy Sags

Date: October 17, 2024

By Francesco Canepa and Balazs Koranyi (Reuters) -The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc’s economy was worsening. The first back-to-back rate cut in 13 years marks a shift in focus for...

Image for Dollar jumps as retail sales confirm strong US economy

Dollar Jumps as Retail Sales Confirm Strong US Economy

Date: October 17, 2024

By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. retail sales increased slightly more than expected in September, boosting confidence that the U.S. economy remains strong. It followed a relatively muted currency reaction to the European Central Bank’s decision to cut rates by...

Image for Dollar flat against peers as markets digest U.S. economic data

Dollar Flat Against Peers as Markets Digest U.S. Economic Data

Date: October 11, 2024

By Chibuike Oguh, Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar was little changed against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve’s current monetary policy path, while a rise in British economic growth could not lift the pound from one-month lows. A gauge of U.S....

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