monetary-policy
Top StoriesSlowdown and Cooling Prices Could Ease Rate Hike Pressure on BoE – PMI
Top StoriesECB Survey Sees Rise in Short- and Long-Term Inflation Exactions
Top StoriesPolish C.banker Litwiniuk Says Inflation May Keep Rising in 2023
Top StoriesFrance Sees Slower Growth Stalling Deficit Reduction in 2023
ECB Hikes Rates, Throws Lifeline to Indebted Countries
Date: July 21, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia’s war in Ukraine. The ECB raised its benchmark deposit rate by 50...
ECB Goes Big With 50 Basis-Point Hike, Ending Negative Rates Era
Date: July 21, 2022
(Reuters) – The European Central Bank on Thursday delivered its first interest rate hike in over a decade, joining other major central banks in the race to get on top of surging inflation. The United States, Canada, New Zealand and Switzerland among others have lined up in recent weeks with aggressive rate rises. Japan, which...
Italy’s ‘Super Mario’ Draghi Undone by Political Infighting
Date: July 21, 2022
ROME (Reuters) – Mario Draghi, the central banker turned Italian prime minister, won plaudits for his calm leadership as Italy emerged from the coronavirus crisis but suffered the same fate as many of his predecessors, brought down by fractious internal politics. Draghi, a prominent figure on the international stage as the former head of the...
Stocks Dip, Euro Volatile After ECB Rate Hike
Date: July 21, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets lost ground after four straight sessions of gains, while the euro rose in volatile trading after the European Central Bank raised interest rates for the first time in more than a decade as it seeks to tame inflation. The ECB had for...
ECB to Join Rate Hike Club With Big Move Under Discussion
Date: July 21, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged move seen as increasingly likely as policymakers fear losing control of runaway consumer price growth. With inflation already approaching double-digit territory, it is now at risk...
Euro Zone Bond Yields Jump as ECB May Consider 50 Bps July Rate Hike
Date: July 19, 2022
By Dhara Ranasinghe LONDON (Reuters) -Euro zone bond yields shot up on Tuesday, with two-year German borrowing costs hitting over two-week highs, after a source-based report that the European Central Bank would discuss whether to raise rates by 25 or 50 basis points on Thursday. The ECB has flagged that it would raise rates by...