monetary-policy
Top StoriesEuropean Shares Slide to Two-Week Low on Hawkish Fed Comments, Geopolitical Worries
Top StoriesDollar Boosted After Job Growth in March Exceeds Expectations
Top StoriesSterling Hits One-Week High vs Dollar, Focus on Rally Against Swiss Franc
Top StoriesOil Steady, Bolstered by Lower Supply Concerns
Tame Swiss Inflation Opens Door for More SNB Rate Cuts, Weighs on Franc
Date: April 4, 2024
Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc By John Revill ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc lower on market expectations that the reading almost guarantees another interest rate cut by the country’s central bank. Consumer prices rose...
Euro Zone Inflation Unexpectedly Eases, Boosting Rate Cut Case
Date: April 3, 2024
Euro zone inflation unexpectedly eases, boosting rate cut case By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering borrowing costs from record highs. Consumer price growth in the 20 nations sharing the euro currency slowed to 2.4% in March from...
BoE’s Haskel Says Rate Cuts Should Be ‘a Long Way Off’, Ft Reports
Date: March 28, 2024
BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports (Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the Financial Times reported on Thursday, a week after the policymaker ditched earlier calls for higher rates and voted to hold rates. “Although...
ECB Cannot Commit to Rate Path Even After First Cut, Lagarde Says
Date: March 20, 2024
ECB cannot commit to rate path even after first cut, Lagarde says By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts reducing borrowing costs as the pace of cuts will depend on incoming data, ECB President Christine Lagarde...
UK Inflation Fall Paves Way for BoE Rate Cuts Later in 2024
Date: March 20, 2024
UK inflation fall paves way for BoE rate cuts later in 2024 By Andy Bruce and Suban Abdulla LONDON (Reuters) -British inflation cooled in February by slightly more than economists and the Bank of England had expected, paving the way for interest rate cuts in the months ahead. Consumer prices rose by a slightly weaker-than-expected...
Dollar Dips, Yen Steady as BOJ Policy Shift Beckons
Date: March 18, 2024
Dollar dips, yen steady as BOJ policy shift beckons By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday ahead of a slew of central bank meetings this week, with the Bank of Japan widely expected to end negative interest rates and the market waiting for the Federal Reserve’s...