monetary-policy
BankingThe Reserve Bank of Australia Paused Again but Keeps the Door Open to More Hikes
Top StoriesAnalysis-Japan’s Changing Views on Price Hikes Open Door for BOJ Policy Tweak
InvestingWall Street Muted as Traders Eye Inflation Data
Top StoriesMarketmind: China Disinflation a Mix of Good and Bad
Stocks Squeal as Borrowing Costs Return to Banking Crisis Highs
Date: July 6, 2023
Stocks squeal as borrowing costs return to banking crisis highs By Marc Jones LONDON (Reuters) – World stocks fell for a third straight day on Thursday, as strong U.S. jobs data bolstered bets on another U.S. interest rate hike this month and tit-for-tat trade salvoes between China and the United States also dampened sentiment. Traders...
Philippine Inflation Slows in June, Supports Extended Rate Pause
Date: July 5, 2023
Philippine inflation slows in June, supports extended rate pause By Karen Lema and Enrico Dela Cruz MANILA (Reuters) -Philippine annual inflation eased for a fifth straight month in June, supporting expectations the central bank will keep rates unchanged for longer as food and transport cost pressures ease. The consumer price index rose 5.4% in June,...
Thai Headline Inflation at 22-month Low, Lowers 2023 Price Rise Forecast
Date: July 5, 2023
Thai headline inflation at 22-month low, lowers 2023 price rise forecast BANGKOK (Reuters) -Thailand’s annual headline inflation unexpectedly rose in June but at its slowest pace in 22 months, and the commerce ministry on Wednesday lowered its forecast for consumer prices rises for the whole year. The headline consumer price index (CPI) increased 0.23% in...
Singapore’s Fight Against Inflation Still on Amid Uncertain Growth Outlook -Central Bank
Date: July 5, 2023
Singapore’s fight against inflation still on amid uncertain growth outlook -central bank By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices was not yet over, even as it lowered its 2023 headline inflation forecast.In...
Euro Zone Lending Takes Another Hit in May
Date: June 28, 2023
Euro zone lending takes another hit in May (Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc’s vast manufacturing sector, European Central Bank data showed on Wednesday. The ECB has been raising interest rates at the fastest pace on record over the...
Asia Shares Subdued, Yen Shunned as Euro Shines
Date: June 28, 2023
Asia shares subdued, yen shunned as euro shines By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global growth concerns, while the embattled yen hit a 15-year low on the euro and Japan hinted at intervention to prevent further losses. The strength of U.S. data...