monetary-policy
Top StoriesGerman Bond Yield Curve Most Inverted in Nearly 31 Years
Top StoriesGerman Business Sentiment Points to Likelihood of Longer Recession
FinanceDollar Higher After Powell Says Fed Inflation Fight ‘has a Long Way to Go’
FinanceUS Inflation – Still a Problem
Stocks Rally Stalls, Eyes Powell Testimony for Rate Clues
Date: June 19, 2023
Stocks rally stalls, eyes Powell testimony for rate clues By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets. The MSCI’s broad...
ECB Risks Losing Sight of ‘greedflation’ With Laser-Focus on Wages
Date: June 19, 2023
ECB risks losing sight of ‘greedflation’ with laser-focus on wages By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a driver of inflation – or “greedflation” in market parlance – by zeroing in on wage growth which still lags far behind prices, economists said on...
Dollar Drifts as Traders Weigh Rate Path; Yen Fragile
Date: June 19, 2023
Dollar drifts as traders weigh rate path; yen fragile By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the yen was fragile in the wake of the Bank of Japan sticking...
Euro Zone May Inflation Confirmed at 6.1% Yr/yr, Core Eases
Date: June 16, 2023
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confirmed on Friday, with the core price growth measure, watched closely by the central bank, also slowing. Eurostat confirmed its earlier estimates that consumer in the 20 countries did not change at all month-on-month in May resulting in a...
Europe’s Brief Window of Market Outperformance Swings Shut
Date: June 16, 2023
LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of tepid global economic performance and the AI hype that has brought a sparkle to Wall Street. The S&P 500 is up...
UK’s FTSE 100 Dips on Scope of Tighter Monetary Policy; Informa Jumps
Date: June 15, 2023
UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps By Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of global monetary policy tightening lasting for longer, while events organiser Informa jumped on a strong earnings outlook. The resource-heavy FTSE 100 fell 0.1% at...