monetary-policy
Top StoriesRussia’s Rouble Rises Ahead of Central Bank Extraordinary Meeting
Top StoriesNo Sustained Recovery on Horizon for German Economy -Econ Min
Top StoriesBNP Paribas Lowers Its Bank of England Terminal Rate Forecast
Top StoriesUS Futures Inch Up; Stock Markets Ride Higher on Cooler Inflation
Mercedes-Benz Says Better Supplies Boost Orders, Economy Still Weighs
Date: July 27, 2023
Mercedes-Benz says better supplies boost orders, economy still weighs BERLIN (Reuters) – Mercedes-Benz forecast a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group earnings outlook for the full-year. The premium carmaker, in statements issued on Thursday, said its direct...
Global Shares, U.S. Yields Rise as Investors Eye Rates, Earnings
Date: July 25, 2023
Global shares, U.S. yields rise as investors eye rates, earnings By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest rate decisions from key central banks, including the U.S. Federal Reserve, as well as corporate earnings that may shed light on the state of the...
Worsening Euro Zone Business Downturn Reignites Recession Fears
Date: July 24, 2023
Worsening euro zone business downturn reignites recession fears By Jonathan Cable LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. The decline was broad-based with the...
Yen Pressured as Traders Wait on Policy Decisions
Date: July 24, 2023
Yen pressured as traders wait on policy decisions By Tom Westbrook SYDNEY (Reuters) – The dollar and euro made firm starts on Monday to a week full of central bank meetings, while the yen was struggling as investors expect the Bank of Japan will be the odd one out as policymakers hike rates in Europe...
Russian Central Bank Governor Speaks After Hiking Rate to 8.5%
Date: July 21, 2023
Russian central bank governor speaks after hiking rate to 8.5% (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference on Friday after the bank hiked its key interest rate to a higher-than-expected 8.5%. The Bank of Russia officials spoke in Russian. The quotes below were translated into English...
IMF Sees ‘pockets of Resilience,’ Slowing Momentum in Global Economy
Date: July 13, 2023
IMF sees ‘pockets of resilience,’ slowing momentum in global economy By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture, with “pockets of resilience” alongside signs of slowing momentum. The IMF...