monetary-policy
InvestingEuropean Shares Slip Ahead of U.S. Inflation; Investors Focus on Euro
Top StoriesChina Q2 GDP Growth Seen Dipping to 1% on Covid Hit, 2022 Growth at 4% – Reuters Poll
TradingEuro Bounces After Reaching Brink of Parity With US Dollar
Top Stories‘Fear Has Taken the Wheel’: German Investor Morale Nosedives in July
ECB’s Nagel Says Bond Spreads Are Fair Until Proven Otherwise
Date: July 12, 2022
FRANKFURT (Reuters) – European Central Bank policymaker Joachim Nagel raised the bar for an ECB intervention on the bond market on Tuesday, saying he assumed differences in yields to be “fundamentally justified” until proven otherwise. The ECB is working on a new bond-buying scheme to curb borrowing costs for Italy and other indebted countries in...
Polish Central Bank Forecasts Inflation Peaking at 18.8% in Q1 2023
Date: July 12, 2022
WARSAW (Reuters) – Poland will see inflation peak at 18.8% and economic growth fall to as low as 0.5% in the first quarter of 2023, according to forecasts published by the central bank on Tuesday. According to the projections, emerging Europe’s largest economy is on track for higher inflation and lower growth next year in...
Weekly Economic Update: Economics Trumps Politics
Date: July 11, 2022
By Rupert Thompson, Investment Strategist at Kingswood Global equities last week regained their losses of the previous week, gaining 1.9% in local currency terms. However, they have opened lower today. Markets are fluctuating as worries of a fall into recession ebb and flow and look set to remain volatile as this debate has some way...
UK Inflation Still Likely to Fall Sharply Next Year, BoE’s Bailey Says
Date: July 11, 2022
By David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday that he still thought that inflation was likely to fall sharply next year, broadly in line with forecasts the British central bank presented in early May. Bailey told a parliamentary committee that he did not expect a new set of forecasts...
Euro Zone to Focus on Inflation as Economic Outlook Forecast to Worsen
Date: July 11, 2022
BRUSSELS (Reuters) – Euro zone finance ministers are set to indicate on Monday that the fight against inflation is the current priority despite dwindling growth in the bloc, officials said, as they will be informed of a deteriorating economic outlook. At a regular monthly meeting of ministers, the EU executive commission is expected to provide...
Euro Zone Long-Term Inflation Expectations Below 2%, Yields Drop
Date: July 11, 2022
By Stefano Rebaudo (Reuters) – Euro zone bond yields fell on Monday while long-term inflation expectations dropped below 2% as recession fears deepened after warnings about a possible cut in Russian gas supplies. French Finance Minister Bruno Le Maire said on Sunday the French government was preparing for a total cut-off of Russian gas supplies....