monetary-policy
Top StoriesDollar Falls to Nine-Month Low as Powell Notes Progress in Disinflation
Top StoriesEuro Zone Inflation Drops More Than Expected but Core Price Growth Holds Steady
Top StoriesShares and Bonds Nervy as Rate-Hike Week Looms
Top StoriesThe Mouse That Roared: New Zealand and the World’s 2% Inflation Target
Bank of England Set to Hike to 4% as Rate Peak Looms
Date: January 26, 2023
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage point to 4% on Feb. 2, but economists will be looking keenly for signals that this 10th consecutive rate rise will be one of the BoE’s last. The BoE was the first...
Dollar Skulks at Eight-Month Low, Central Bank Meetings in Focus
Date: January 26, 2023
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar fell to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears ahead of a slew of central bank meetings next week The euro squeezed its way to a new nine-month high of $1.09295 and was...
German Inflation Rate to Ease Over Course of 2023 – Econ Minister
Date: January 26, 2023
BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy Minister Robert Habeck said on Thursday. “We have broken the inflation trend,” Habeck said in his address to the Bundestag regarding the annual economic report. Inflation is seen at 6% in 2023, as...
Global 2023 Economic View Downgraded, at Odds With Market Optimism: Reuters Poll
Date: January 26, 2023
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters poll of economists who said the greater risk was a further downgrade to their view, at odds with widespread optimism in markets since the start of the year. Falling energy prices, a slowdown in...
Dollar Stuck Near Nine-Month Low vs Euro as Yen Bounces
Date: January 24, 2023
By Amanda Cooper LONDON (Reuters) -The dollar hovered near a nine-month low against the euro and surrendered recent gains against the yen on Tuesday, as traders weighed the risks of a U.S. recession against the outlook for Federal Reserve monetary policy. Euro zone data on Tuesday reinforced the view that the economy is surviving a...
ECB Policymakers Spar on Rate Outlook Beyond Feb Hike
Date: January 23, 2023
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ECB promised in December a steady pace of 50 basis point increases spanning multiple meetings to combat sky...