monetary-policy
Top StoriesAnalysis-ECB Seen Struggling to Keep Market on Side After Mixed Messages
Top StoriesEuropean Central Bank to Raise Deposit Rate to 3.25% by Mid-Year: Reuters Poll
Top StoriesDollar Slips After Weak Data While Yen Ticks Up
Top StoriesU.S. Dollar Advances vs Major Currencies as Risk Appetite Fades
ECB Must Keep Raising Rates to Fight Off Inflation, Lane Says
Date: January 17, 2023
xFRANKFURT (Reuters) -The European Central Bank must raise interest rates to a level that starts to restrict growth and their peak will depend on how the economy responds to the most rapid policy tightening cycle on record, ECB chief economist Philip Lane told the Financial Times. The ECB has raised rates by a combined 2.5...
Swedish Inflation Runs Red Hot in December, Raising Pressure on Riksbank
Date: January 13, 2023
By Johan Ahlander STOCKHOLM (Reuters) – Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome that raises pressure on the central bank to keep cranking up interest rates after four hikes last year. Consumer prices, measured with a fixed interest rate, rose 1.9 percent...
Yen Soars as Markets Test Boj, Stocks Cheered by Inflation Retreat
Date: January 13, 2023
By Dhara Ranasinghe LONDON (Reuters) – World stocks scaled one-month peaks on Friday thanks to signs inflation is easing, while the yen jumped to seven-month peaks and Japanese bond yields breached a central bank target as investors challenged its commitment to loose monetary policy. European shares opened higher and the broad STOXX 600 index touched...
European Shares Rise as Investors Await U.S. Inflation Data
Date: January 12, 2023
By Bansari Mayur Kamdar (Reuters) -European shares rose on Thursday ahead of U.S. inflation data that could sway the monetary policy direction at the world’s largest economy, while gains were capped by a drop in shares of Ubisoft and Logitech after the companies cut their forecasts. The STOXX 600 rose 0.6%, with banks and industrials...
Move Over Tina, It’s Time for Tara
Date: January 11, 2023
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low interest rates has created a casualty money managers will not miss: TINA. The...
Dollar Stands Firm While Traders Await CPI
Date: January 11, 2023
By Tom Westbrook SINGAPORE (Reuters) – The dollar mostly held its ground on Wednesday in spite of downward pressure from lower bond yields and higher stocks, as traders waited on this week’s U.S. consumer price data to see whether it will confirm that inflation is in retreat. The Australian dollar wobbled its way about 0.4%higher...