monetary-policy
Top StoriesECB’s Villeroy: Should Not Hold Off First Rate Cut for Too Long
Top StoriesDollar Slips as Market Awaits Data for Direction
Top StoriesNew Zealand Labour Pressures Ease Slightly, Jobs Market Still Tight
Top StoriesDollar Scales Fresh Peaks as Fed Cut Bets Recede
US Labor Market Sizzles; Delivers Large Job and Wage Gains
Date: February 2, 2024
US labor market sizzles; delivers large job and wage gains By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly two years, signs of persistent strength in the labor market that could make it difficult for the Federal Reserve to start cutting interest rates in...
Oil Prices Buoyed by US Signals on Interest Rate Cuts
Date: February 1, 2024
Oil prices buoyed by US signals on interest rate cuts By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to interest rate cuts in coming months. Brent crude futures were up 61 cents at $81.16 a barrel at 11:23 a.m. EST (1623...
Instant View: BoE Leaves Rates Unchanged, Says Policy ‘under Review’
Date: February 1, 2024
Instant view: BoE leaves rates unchanged, says policy ‘under review’ LONDON (Reuters) – The Bank of England kept interest rates steady on Thursday, with officials split three ways on the right course for policy. Six out of nine members of the BoE’s Monetary Policy Committee voted to keep rates at a 15-year high of 5.25%....
QUOTES-Bailey Speaks After Bank of England Holds Rates at 5.25%
Date: February 1, 2024
QUOTES-Bailey speaks after Bank of England holds rates at 5.25% LONDON (Reuters) – Governor Andrew Bailey and other top Bank of England officials spoke to reporters after the British central bank held its key interest rate at 5.25% on Thursday. Below are quotes from Bailey at the press conference. “We’ve had some good news over...
Analysis-Markets Stumble Into Rate-Cut Waiting Room as Central Banks Stand Firm
Date: February 1, 2024
Analysis-Markets stumble into rate-cut waiting room as central banks stand firm By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders eager for central banks to declare the start of interest rate cuts were dealt a further blow on Thursday as the Bank of England joined the U.S. Federal Reserve in dousing hopes of imminent...
Dollar Dips Before Fed Meeting Statement
Date: January 31, 2024
Dollar dips before Fed meeting statement By Karen Brettell NEW YORK (Reuters) – The dollar dipped against the euro and yen on Wednesday as traders awaited a U.S. rates decision by the Federal Reserve. The U.S. central bank is expected to hold interest rates steady, but flag future cuts by dropping language suggesting further hikes....