monetary-policy
FinanceECB Could Slow Rate Hikes, but Bond Run-Off Should Start Soon, Knot Says
Top StoriesECB May Have to Cool Growth to Control Inflation, Lagarde Says
Top StoriesG20 Summit: What You Need to Know Now
Top StoriesDollar Rebounds as Fed Officials Say Hikes to Continue; Yen Slumps
ECB Likely to Keep Raising Rates Beyond 2% Level, Says French Central Bank Chief
Date: November 15, 2022
By Daniel Leussink TOKYO (Reuters) -The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but “jumbo” rate hikes will not become a new habit, France’s central bank chief said in Tokyo, while also calling for international regulation of crypto assets. The ECB has increased rates at its fastest pace on...
Polish Inflation to Return to Target Range in 2025, Says Central Bank
Date: November 14, 2022
WARSAW (Reuters) – Inflation in Poland will not return to the National Bank of Poland’s (NBP) target range until the third quarter of 2025, its latest projections showed on Monday. The NBP left its main interest rate on hold this month, with Governor Adam Glapinski saying the bank wanted to return price growth to the...
ECB Policymakers Caution Against Tightening Policy Too Fast
Date: November 14, 2022
FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates but must not move too fast to avoid unnecessarily exacerbating a downturn, two policymakers said on Monday, with one of them making the case for slowing the pace of policy tightening soon. The ECB has raised rates by a combined 200 basis points...
For Host Indonesia, a G20 Summit Dogged by Russia-Ukraine Rancour
Date: November 14, 2022
By Kate Lamb (Reuters) – Group of 20 leaders meet on Tuesday under very different circumstances than those host Indonesia envisioned when it began planning the summit last year, with Russia’s invasion of Ukraine hanging over proceedings even in the absence of Russia’s leader. Indonesia, the world’s fourth-most populous country and Southeast Asia’s largest economy,...
Shares Mixed on Fed Warning, China Acts on Property
Date: November 14, 2022
By Wayne Cole SYDNEY (Reuters) – Asian share markets were mixed on Monday as a top U.S. central banker warned investors against getting carried away over one inflation number, while Chinese stocks gained on signs of aid for the country’s hard-hit property sector. A modest miss on U.S. inflation was enough to see two-year Treasury...
SNB Ready to Take “all Measures Necessary” to Tame inflation-Jordan
Date: November 11, 2022
BERN (Reuters) -The Swiss National Bank is prepared to take “all measures necessary” to bring inflation back down to its 0-2% target range, Chairman Thomas Jordan said on Friday. “We will take all measures necessary to bring inflation back into the territory of price stability. This is our mandate and our ambition,” Jordan told an...