monetary-policy
Top StoriesBank of England Hikes Rates by 50 Bps as Economy Slows
Top StoriesFed Delivers Another Big Rate Hike; Powell Vows to ‘keep at It’
Top StoriesAnalysis-Europe Says Goodbye to Negative Rates – or Just ‘au Revoir’?
Top StoriesCzech Central Bank Vice-Gov Unlikely to Vote for Rate Cut Newspaper
Bank of England Set for Second Hefty Rate Rise in a Row
Date: September 22, 2022
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by at least half a percentage point on Thursday in a bid to tame inflation that is just off a 40-year high, against a backdrop of a tumbling currency and a free-spending government. Economists polled by Reuters last week...
Dollar Soars to Two-Decade High as Putin Shakes Fx Market Ahead of Fed
Date: September 21, 2022
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, as investors fled for safety after a decision by Russian President Vladimir Putin to mobilize more troops for the conflict in Ukraine. Putin on...
Stocks Recoup Losses After Putin’s Nuclear Threat; Fed Keeps Dollar Buoyant
Date: September 21, 2022
By Amanda Cooper LONDON (Reuters) -Global equities shook off an early knock to risk appetite and rebounded on Wednesday after Russian President Vladimir Putin accused the West of “nuclear blackmail”, sparking a brief flight to safe-haven assets like gold and bonds. European stocks pared earlier losses and mostly rose, helping boost U.S. stock futures, as...
ECB’s Lagarde Raises Prospect of Rate Hikes Beyond Neutral Level
Date: September 20, 2022
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to cool demand and combat unacceptably high inflation, ECB President Christine Lagarde said on Tuesday. The ECB has been raising rates at the fastest pace on record but inflation is still rising and even...
Stocks Fall, Yields Rise as Investors Focus on Fed, Other Central Bank Meetings
Date: September 20, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks were down sharply on Tuesday while the yield on two-year U.S. Treasury notes rose to almost a 15-year high as investors prepared for the likelihood of another 75 basis point rate hike from the Federal Reserve. Sweden’s central bank raised interest rates by a larger-than-expected full...
Oil Prices Drop in Advance of Expected Fed Rate Hike
Date: September 20, 2022
By David Gaffen NEW YORK (Reuters) -Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors anticipated more central bank interest-rate hikes designed to quell inflation. The U.S. Federal Reserve is likely to raise interest rates by another 75 basis points on Wednesday to rein in inflation. Those...