monetary-policy
Top StoriesDollar Rises to Six-Week Peak as Strong U.S. Retail Sales Bolster Higher-Rates Scenario
Top StoriesSlowdown in UK Inflation Eases Pressure on Bank of England
Top StoriesEuro Zone Inflation Could Fall Faster Than Thought, ECB’s De Cos Says
Top StoriesBe ‘really, Really Careful’ on Inflation – Bank of England’s Haskel
Oil Falls on Demand Worry as Fed ‘make or Break Moment’ Approaches
Date: February 13, 2023
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices eased around 1% on Monday after rising in the previous session, as investors focused on short-term demand concerns stemming from crucial upcoming U.S. inflation data and refinery maintenance in Asia and the United States. Brent crude futures fell 86 cents, or 1%, to $85.53 a...
ECB Must Avoid Unnecessary Rise in Real Interest Rates – Visco
Date: February 12, 2023
ROME (Reuters) -The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private and public debt in the euro area, a top Italian policymaker said on Saturday. ECB Governing Council member Ignazio Visco, who is also the Bank of Italy’s governor, added he did not believe a recession...
Japanese Yen Gains as Ueda Set to Be Named Next BOJ Governor
Date: February 10, 2023
(Adds comment, U.S. data, NEW YORK dateline, byline, FX table, bullets, updates prices) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen rose across the board on Friday with Kazuo Ueda reportedly set to become the next Bank of Japan (BOJ) governor but pared gains after he said the central bank’s monetary...
Yen Trims Gains as Possible Next BOJ Governor Says Current Policy Appropriate
Date: February 10, 2023
By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figure reportedly tapped as the next Bank of Japan (BOJ) governor, said the central bank’s monetary policy was appropriate. The Nikkei had earlier reported the government would nominate academic Ueda to the BOJ’s top...
Bank of England Officials Split Over Future Path for Rates
Date: February 9, 2023
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need to go to tame inflation, with Governor Andrew Bailey stressing the uncertainty of the outlook, a week after the BoE suggested its run of rate hikes might be peaking. Monetary Policy Committee members struck contrasting...
S&P Warns of Possible Economic Blow, Hit to Japan Inc From BOJ Rate Hike
Date: February 9, 2023
By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign debt rating if firms struggle to absorb rising funding costs, an official at S&P Global Ratings said on Thursday. Higher borrowing costs could also lead to a downturn in long-term economic growth, S&P said. Japanese...