monetary-policy
Top StoriesFed Keeps Rates Unchanged, Acknowledges Economy Is ‘strong’
TradingYen Rises From One-Year Low After Official Escalates Intervention Warning
InvestingOil up Ahead of Fed Meet as Middle East Conflict Rages
InvestingEuropean Shares Edge up on Retail, Healthcare Boost; Fed Decision Eyed
Yen Rises From One-Year Low After Official Escalates Intervention Warning
Date: November 1, 2023
Yen rises from one-year low after official escalates intervention warning By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) – The battered yen recovered some ground on Wednesday on threats of intervention from Japanese authorities, and as investors shifted focus to the Federal Reserve’s policy decision later in the day. The dollar was last down 0.33%...
Stocks Tiptoe Higher Before Fed, Yen Intervention Alarms Flare
Date: November 1, 2023
Stocks tiptoe higher before Fed, yen intervention alarms flare By Ankur Banerjee and Lawrence White SINGAPORE/LONDON (Reuters) – Subdued stocks inched higher on Wednesday ahead of a policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the dollar as Tokyo ramped up intervention warnings. Europe’s...
Weak Yen, Inflation Overshoot May Prod BOJ to Phase Out Stimulus by Year-End: Ex-BOJ Official
Date: November 1, 2023
Weak yen, inflation overshoot may prod BOJ to phase out stimulus by year-end: ex-BOJ official By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may prefer to go slow in ending ultra-low interest rates, but the weak yen and risks of an inflation overshoot could prod it to act before year-end,...
French GDP Growth Slows, Inflation Eases
Date: October 31, 2023
French GDP growth slows, inflation eases By Marine Strauss and Tassilo Hummel PARIS (Reuters) -The French economy grew by 0.1% in the third quarter, with growth slowing from the previous quarter but staying just above zero thanks to household spending, preliminary data from the INSEE statistics agency showed on Tuesday. Household consumption was up by...
Euro Zone Inflation and Growth Fall as ECB Hikes Bite
Date: October 31, 2023
Euro zone inflation and growth fall as ECB hikes bite By Francesco Canepa FRANKFURT (Reuters) – Inflation in the euro zone is falling fast and the economy has begun contracting, data showed on Tuesday, illustrating the dual impact of a steady diet of European Central Bank interest rate hikes. Prices rose by just 2.9% in...
Japan’s Yen Slides Broadly as BOJ Policy Tweak Seen Inadequate
Date: October 31, 2023
Japan’s yen slides broadly as BOJ policy tweak seen inadequate By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday, dropping to a fresh 15-year low against the euro and a new one-year trough versus the dollar, after a small step by the Bank of Japan (BOJ)...