monetary-policy
Top StoriesECB’s Simkus Sees June and July Rate Hikes; Sept Too Early to Say
FinanceLuigi Wewege Highlights the Economic Resilience of Latin American Giants Amidst High Interest Rates
Top StoriesBank of England’s Bailey Sweats Over Risk of ‘sticky’ Summer for Inflation
Top StoriesBoE’s Bailey Says ‘big Lessons’ to Be Learned From UK Inflation Surge
Explainer-Parsing the Fed’s Path to Pause Rate Hikes
Date: May 22, 2023
Explainer-Parsing the Fed’s path to pause rate hikes By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials may still be fighting an inflation war, but they opened the door at their May policy meeting to the possibility the U.S. central bank’s benchmark overnight interest rate won’t rise from the current 5.00%-5.25% range. They now have...
Wall Street Gains, Treasury Yields Rise as Debt Ceiling Talks Progress
Date: May 19, 2023
Wall Street gains, Treasury yields rise as debt ceiling talks progress NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields extended their upward trajectory as market participants looked for signs of progress in the debt ceiling negotiations in Washington. All three major U.S. stock indexes were modestly green, with...
ECB Needs to Keep Interest Rates ‘sustainably High’ to Combat Inflation – Lagarde
Date: May 19, 2023
ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde By Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in the medium term, its president Christine Lagarde said on Friday, signalling more monetary tightening. The ECB slowed the pace of rate hikes...
Japan’s Inflation Stays Above BOJ’s Target, Key Gauge Hits Four-Decade High
Date: May 19, 2023
Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index stripping away the effects of fuel hit a fresh four-decade high, keeping alive expectations of a tweak to...
Swedish Central Bank’s Jansson Considered Bigger Rate Hike in April
Date: May 12, 2023
Swedish central bank’s Jansson considered bigger rate hike in April STOCKHOLM (Reuters) – Swedish central bank Deputy Governor Per Jansson weighed the need for a bigger hike than the half-percentage point raise adopted by rate-setters at the Riksbank’s most recent meeting in April, he said on Friday. “We had a very big miss when it...
Dollar Eases Before Inflation Data, With Nagging Worries Over Debt Ceiling Impasse
Date: May 10, 2023
Dollar eases before inflation data, with nagging worries over debt ceiling impasse By Rae Wee SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves were marginal amid caution ahead of U.S. inflation data later...