monetary-policy
Top StoriesEuro Zone Inflation Eases in Feb but Core Prices Pick Up
Top StoriesECB’s Villeroy: Rate Hike Signals Strong Confidence in European Banks
Top StoriesAnalysis-Investors Stick to Bets on Early End to ECB Hikes as Uncertainty Grows
Top StoriesInstant View: ECB Sticks With Big Rate Hike Even as Bank Fears Roil Markets
Big ECB Hike Adds Fuel to the Banking Sector Fire
Date: March 16, 2023
By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the European Central Bank (ECB) raised rates by half a point, even though some investors had thought the turmoil in financial markets would deter it from delivering another hefty hike. The rising cost of borrowing added pressure on...
Barclays ECB More Likely to Hike Rates by 25 Bps Rather Than 50 Bps or No Hike
Date: March 16, 2023
LONDON (Reuters) – The European Central Bank is more likely to raise interest rates by a modest 25 basis points when it meets on Thursday rather than by 50 bps or make no rate hike, Barclays said on Wednesday. “At the current juncture, we think that the (ECB) Governing Council is more likely to announce...
French Inflation Revised Upwards in February to 7.3% – Final Figures
Date: March 15, 2023
PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher food prices, according to final figures from the INSEE statistics body on Wednesday. The preliminary inflation figure for February released last month was 7.2%. Finance Minister Bruno Le Maire, who has said...
Asian Shares Gain as Fears About Rapid Fed Hikes, Bank Crisis Fade
Date: March 15, 2023
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as U.S. inflation data delivered no nasty surprises, reinforcing hopes the Federal Reserve will likely go for a smaller rate hike when it meets next week. Investors piled back into stocks in U.S. markets overnight...
Markets Start Signalling Fed May Be Going Too Far – Amundi
Date: March 9, 2023
By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal Reserve may hike rates too far, a senior fund manager at Europe’s largest investor told Reuters on Thursday. Cosimo Marasciulo, head of fixed income absolute return at Amundi, said falling market gauges of...
Wall Street Drops, Treasury Yields Gyrate on Fed Chairman Powell’s Remarks
Date: March 7, 2023
By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve Chairman Jerome Powell commenced his semi-annual, two-day monetary policy testimony before Congress. All three major U.S. stock indexes were languid in early trading before Powell’s prepared remarks were released as he sat down to testify...