monetary-policy
Top StoriesClimate Change Fight a ‘core Duty’ for Central Banks – ECB’s Villeroy
Top StoriesDollar Heads for First Weekly Gain Since February
Top StoriesTesting Waters, Hungary’s Central Bank Flags Cut in Top End of Rate Corridor
Top StoriesEuro Zone Services Booming but Sentiment Recovery May Have Stalled -ECB’s Lane
Stocks and Gold Cheer U.S. Inflation Picture, While Dollar Slides
Date: April 13, 2023
Stocks and gold cheer U.S. inflation picture, while dollar slides By Amanda Cooper LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Federal Reserve may soon be finished raising interest rates, which in turn kept gold above $2,000 an ounce. The euro hit a...
Inflation Trumps Financial Risks as Central Bank Tightening Set to Continue
Date: April 12, 2023
Inflation trumps financial risks as central bank tightening set to continue By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) – Despite broad warnings about the economic risks posed by recent stress in the banking sector, global monetary policymakers are keeping their focus squarely on inflation and the need to continue raising interest rates...
Oil Rises About 2% With U.S. And China Inflation in Focus
Date: April 12, 2023
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on its policy tightening after a key U.S. inflation report this week, though concerns remain over Chinese demand. Brent crude futures settled up $1.43, or 1.7%, to $85.61 a barrel. U.S. West...
UK Economy Set for Smaller Hit in 2023 Than Previously Feared – IMF
Date: April 11, 2023
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sharpest contraction among the world’s big economies, the International Monetary Fund said on Tuesday. British gross domestic product will contract by 0.3% in 2023, the IMF said in its latest set of global...
Wall Street Slips, Dollar Gains as Fed Seen Hiking Rates in May
Date: April 10, 2023
By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week suggested the Federal Reserve will hike interest rates in May, while the yen weakened after Japan’s new central bank governor vowed to maintain ultra-loose policy. Gold prices slipped below the key $2,000...
Bank of Canada Seen on Hold Even as Economy Accelerates
Date: April 10, 2023
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday, pinning its hopes on activity cooling as higher borrowing costs sink in, analysts said. Last month, the Bank of Canada became the first major global central...