monetary-policy
Top StoriesMorning Bid: Markets Eye US CPI and Record High
Top StoriesThe Case for Forever High Interest Rates
Top StoriesLondon Stocks Muted Ahead of More Earnings, Economic Data
Top StoriesEuropean Shares Listless as Investors Brace for Inflation Test
Dollar Rises After Consumer Sentiment Data, Yen Weaker
Date: May 10, 2024
Dollar rises after consumer sentiment data, yen weaker By Chuck Mikolajczak NEW YORK (Reuters) -The dollar inched higher on Friday as investors digested a reading on U.S. consumer sentiment and sifted through a flurry of comments from Federal Reserve officials, while the yen was poised for its fourth decline of the week. The greenback pared...
Global Stocks Rally, Europe at Record Highs, Dollar Gains
Date: May 10, 2024
Global stocks rally, Europe at record highs, dollar gains By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets closed in on a record high on Friday in anticipation of central bank interest rate cuts and strong corporate earnings, while the dollar rose despite signs of slowing U.S. economic growth....
Europe’s Rush for Rate Cuts Shifts Global Market Power Away From US
Date: May 9, 2024
Europe’s rush for rate cuts shifts global market power away from US By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe than in the United States, setting markets up for major shifts as investors play a...
Bank of England Clears Path for Its First Rate Cut Since 2020
Date: May 9, 2024
Bank of England clears path for its first rate cut since 2020 By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England paved the way on Thursday for the start of interest rate cuts as soon as next month and Governor Andrew Bailey said there could be more reductions than investors...
Stocks Stall Near Record Highs, Pound Poised for BoE
Date: May 9, 2024
Stocks stall near record highs, pound poised for BoE By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead of a Bank of England rate decision, while Japanese authorities ratcheted up intervention talk again as the yen continued to backslide After two straight...
FTSE 100 Hits Record High, Pound Slips Ahead of BoE Verdict
Date: May 8, 2024
FTSE 100 hits record high, pound slips ahead of BoE verdict By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’s FTSE 100 benchmark stock index scaled new highs on Wednesday following upbeat corporate updates while investors awaited the Bank of England’s interest rate verdict. The blue-chip FTSE 100 ended the session up 0.5%,...