monetary-policy
Top StoriesU.S. Dollar Gains Ahead of Fed; Swedish Crown Falls After Hike
InvestingYen Stems Losses After Report of BOJ Rate Check, Hints on Intervention
TradingStocks Tumble, Dollar Rallies as Soaring U.S. Inflation Implies an Aggressive Fed
FinanceBank of England to Raise Rates by 50bps Again to Tame Inflation: Reuters Poll
Spain August Final 12-month Inflation at 10.5%
Date: September 13, 2022
MADRID (Reuters) -Spanish consumer prices rose 10.5% year-on-year in August, slightly higher than the flash estimate released last month but down from 10.8% during the period through July, final data released by the National Statistics Institute showed on Tuesday. Analysts polled by Reuters had seen 12-month inflation to August at 10.4%. Although inflation has softened...
Dollar Falls Ahead of U.S. Inflation Data; Euro Jumps
Date: September 12, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar fell to its lowest level in about two weeks against a basket of currencies on Monday following recent strong gains, as investors grew nervous ahead of U.S. inflation data and as central banks outside of the United States appeared increasingly hawkish. The euro climbed to...
ECB Governors See Rising Risk of Rate Hitting 2% to Curb Inflation – Sources
Date: September 12, 2022
By Francesco Canepa PRAGUE (Reuters) -European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2% or more to curb record-high inflation in the euro zone despite a likely recession, sources told Reuters. With inflation hitting 9.1% in August and seen above the ECB’s 2% target...
No Need for Germany to Shift Central Bank Cash Deposits for Now – Finance Agency
Date: September 9, 2022
By Yoruk Bahceli (Reuters) -Germany will not need to invest its central bank cash deposits in new ways for now after the European Central Bank decided to pay interest on them, a finance agency spokesperson told Reuters on Friday. The news offers relief to markets concerned that such a change in response to Thursday’s interest...
Irish Coalition to Discuss Eurogroup Chief Conundrum, Deputy Prime Minister Says
Date: September 9, 2022
DUBLIN (Reuters) – Ireland’s deputy prime minister said on Friday that coalition leaders will shortly discuss how Dublin might remain as chair of the influential Eurogroup of euro zone finance ministers ahead of a cabinet reshuffle. The reshuffle could see current Eurogroup chief Paschal Donohoe moved from Ireland’s finance ministry, complicating his hopes of a...
Rate Rise Fears Prompt Third Week of Global Equity Funds Outflows
Date: September 9, 2022
(Reuters) – Global equity funds remained out of favour in the seven days to Sept. 7 as a strong U.S. services industry report fuelled concerns that the Federal Reserve would keep hiking interest rates to tame inflation. Some investors had expected that the Fed might temper its rate hikes to avert a slowdown in the...