monetary-policy
Top StoriesU.S. Stocks, Treasury Yields Gain as CPI Cements Fed Pause
Top StoriesWall Street Dips, the Dollar Strengthens as Inflation Data Looms
Top StoriesEuropean Shares Fall as Sap Drags, Investors Await U.S. Data, ECB
Top StoriesBoE’s Mann Says Better to Err Towards Over-Tightening Rates
Bank of England Is ‘much Nearer’ to Peak Interest Rates, Bailey Says
Date: September 6, 2023
Bank of England is ‘much nearer’ to peak interest rates, Bailey says By David Milliken and William Schomberg LONDON (Reuters) -The Bank of England is “much nearer” to ending its run of interest rates increases but borrowing costs might still have further to rise because of stubborn inflation pressures, Governor Andrew Bailey said on Wednesday....
European Shares Fall as Weak China, Euro Zone Data Dents Appetite
Date: September 5, 2023
European shares fall as weak China, euro zone data dents appetite By Sruthi Shankar and Shashwat Chauhan (Reuters) -European shares fell on Tuesday as weak services sector data from China and the euro zone fuelled concerns about slowing global growth, though gains in energy stocks helped crimp losses. The pan-European STOXX 600 index ended the...
Euro Zone Producer Prices Drop for Seventh Month in July
Date: September 5, 2023
Euro zone producer prices drop for seventh month in July BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figures sharply lower than a year earlier possibly offering some comfort to the European Central Bank. The European Union’s statistics office Eurostat said prices at...
ECB Chief Economist Says Easing Inflation Welcome but Must Continue
Date: September 5, 2023
ECB chief economist says easing inflation welcome but must continue DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European Central Bank Chief Economist Philip Lane said in an interview published on Tuesday. “Goods inflation and services inflation came down, which is very...
Stubborn Euro Zone Inflation Fails to Settle ECB Rate Debate
Date: August 31, 2023
Stubborn euro zone inflation fails to settle ECB rate debate By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation proved unexpectedly stubborn this month although price pressures for underlying goods eased, providing ammunition for both supporters and opponents of another European Central Bank interest rate hike. The ECB has raised rates at its fastest pace on...
Wall St Gains, Treasury Yields Drop as Data Raises Potential for Fed Pause
Date: August 29, 2023
Wall St gains, Treasury yields drop as data raises potential for Fed pause By Stephen Culp NEW YORK (Reuters) -Wall Street extended the previous day’s gains on Tuesday while the dollar see-sawed amid light, pre-Labor Day trading as investors continued to adjust their expectations for U.S. monetary policy. After an uncertain start, all three major...