monetary-policy
Top StoriesEuro and Yen Rebound vs Dollar, Swiss Franc Gains on Inflation Jump
InvestingEuropean Shares Rise After Two-Day Decline, Data in Focus
Top StoriesHungary Central Bank Raises 1-week Depo Rate to 6.75% as Inflation Battle Hots Up
Top StoriesSwiss Catch Inflation Bug as Prices Rise Fastest in 14 Years
After Sharp Fall, Hungarian Forint Faces Slow Recovery Over Next Year – Reuters Poll
Date: June 2, 2022
By Jason Hovet PRAGUE (Reuters) – Hungary’s forint, battered to near-record lows at the end of May, has scope to recover much of its losses and gain more than 7% in the next year, a Reuters poll of central European currencies showed on Thursday. The forint has fallen sharply, losing more than 7% since the...
Dimon Says Brace for U.S. Economic ‘hurricane’ Due to Inflation
Date: June 1, 2022
By Elizabeth Dilts Marshall and Niket Nishant (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co described the challenges facing the U.S. economy akin to an “hurricane” down the road and urged the Federal Reserve to take forceful measures to avoid tipping the world’s biggest economy into a recession. Dimon’s comments...
Sterling Struggling for Direction Amid Concerns About Economy
Date: June 1, 2022
(Reuters) – Sterling was struggling for direction on Wednesday, with investors concerned about a deteriorating growth outlook but ruling out a further significant pound decline. With UK markets closed on Thursday and Friday, analysts expect reduced volatility ahead of the long weekend. British manufacturing activity expanded in May at the weakest rate since January 2021,...
French Economic Growth Figures to Be Revised -Le Maire
Date: June 1, 2022
PARIS (Reuters) -The French government will present revised economic growth forecasts by early July, Finance Minister Bruno Le Maire said on Wednesday, adding that he did not foresee a recession. The current forecast sees the economy growing by 4% in 2022. “There will be a revision of the growth figure. I will do that revision...
Marketmind: Full Steam Ahead for Central Banks
Date: June 1, 2022
A look at the day ahead in markets from Sujata Rao. From Wednesday, the U.S Federal Reserve starts allowing the bonds it holds to mature, and will no longer replace them — so called quantitative tightening (QT). Its aim is to allow $95 billion to roll off its balance sheet per month but it will...
Swiss National Bank Will Examine Persistence of Inflation – Vice Chairman
Date: May 31, 2022
ZURICH (Reuters) – The Swiss National Bank will consider how persistent higher Swiss inflation is when it decides its future monetary policy next month, Vice Chairman Fritz Zurbruegg said on Tuesday. Zurbruegg said there were no signs of higher Swiss inflation spilling over into broader issues like higher wage demands from workers or higher price...