monetary-policy
Top StoriesBank of England to Start Cutting in Q3 but Strong Chance of Q2 Move: Reuters Poll
Top StoriesInverted Yield Curve No Longer Reliable Recession Flag, Strategists Say: Reuters Poll
FinanceThe Federal Reserve’s Strategic Approach in 2024: Navigating Economic Dynamics
Top StoriesECB Lays Ground for June Rate Cut as Inflation Falls
Dollar Slips vs Euro as Data Weighs; Bitcoin Hits New High
Date: March 5, 2024
Dollar slips vs euro as data weighs; bitcoin hits new high By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry growth eased and as investors braced for a busy week that includes a European Central Bank rate decision, congressional testimony from Federal Reserve...
Swiss National Bank Loses $3.6 Billion in 2023
Date: March 4, 2024
Swiss National Bank loses $3.6 billion in 2023 ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as the switch to positive interest rates cost it dearly. The central bank made a loss of 8.5 billion francs on its...
Marketmind: Looming Event Risk Can’t Stop Nikkei Topping 40,000
Date: March 4, 2024
Marketmind: Looming event risk can’t stop Nikkei topping 40,000 A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with central bank events and major data that will refine market wagers for when developed world interest rates will finally start falling....
Analysis – G20 Optimism on Global Outlook Gives BOJ Impetus for Early Stimulus Exit
Date: March 1, 2024
Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely give Bank of Japan Governor Kazuo Ueda further impetus to proceed with the bank’s carefully telegraphed plan to exit negative interest...
Stocks Hold at Record Highs as Traders Bet on Rate Cuts
Date: March 1, 2024
Stocks hold at record highs as traders bet on rate cuts By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone inflation data and weak global factory surveys kept hopes of central bank rate cuts in coming months intact. With markets dominated by...
Euro Zone Inflation Dips but Stubborn Core Prices May Worry ECB
Date: February 29, 2024
Euro zone inflation dips but stubborn core prices may worry ECB FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start easing interest rates from record highs later this year, even if data suggest a much slower decline in underlying price pressures. The ECB has kept...