monetary-policy
Top StoriesHawkish ECB Prompts Banks, Markets to Ratchet up Rate Hike Bets Again
Top StoriesExplainer: What Would Japan’s Currency Intervention to Combat a Weak Yen Look Like?
Top StoriesCzech Inflation Hits 16%, Raising Bets of Big June Rate Hike
Top StoriesRates Must Rise but ECB Will Fight Fragmentation: Policymakers
Take Five: Give Me an Fomc, Boe, BOJ and SNB
Date: June 10, 2022
It’s a central-bank heavy week ahead, with the U.S. Federal Reserve expected to deliver its second straight half-point rate hike to bring inflation under control. Britain and Sweden, too, will likely lift interest rates again, while Switzerland may be getting ready to join the rate-hike club. In contrast, the Bank of Japan should confirm it’s...
ECB Sowing Messy ‘some of What It Takes’ Signal: Mike Dolan
Date: June 10, 2022
By Mike Dolan PARIS (Reuters) – The European Central Bank’s ‘whatever it takes’ commitment to bind the euro zone is wearing thin as it tries to ‘normalise’ monetary policy and give inflation hawks more say in how it goes about it. Warning that inflation is unacceptably high and that it would remain above the 2%...
Dollar Gains Ahead of Inflation Data, Euro Falls After ECB
Date: June 9, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose for a second straight day on Thursday, erasing initial declines while the euro turned lower after the latest policy announcement by the European Central Bank (ECB), which signaled the bank was set to begin raising interest rates. The ECB ended a long-running stimulus program...
Central Banks Double Down in Fight Against ‘galloping’ Inflation
Date: June 9, 2022
LONDON (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get on top of surging inflation. The Reserve Bank of Australia on Tuesday became the latest to deliver a hawkish surprise with a half-point rate hike, following in the footsteps of the United...
Instant View: ECB Ends Bond Buys, Signals Rate Hikes; Yields Rise
Date: June 9, 2022
LONDON (Reuters) – The European Central Bank confirmed on Thursday it will end a long-running bond buying scheme on July 1 and signalled a string of interest rate hikes from July as it battles stubbornly high inflation. With price growth surging last month to a record-high 8.1% and broadening quickly, the ECB is rolling back...
ECB Ends Bond Buys, Signal July, Sept Rate Hikes
Date: June 9, 2022
FRANKFURT (Reuters) – The European Central Bank confirmed on Thursday it will end a long-running bond buying scheme on July 1 and signalled a string of interest rate hikes from July as it battles stubbornly high inflation. With price growth surging last month to a record-high 8.1% and broadening quickly, the ECB is rolling back...