monetary-policy
Top StoriesECB’s Lagarde Sees Rate at Zero or Slightly Above by September
Top StoriesMarketmind: I Know What You’ll Do This Summer
Top StoriesSwiss National Bank Will Not Hesitate to Tighten Monetary Policy – Maechler
Top StoriesECB Likely to Get Out of Negative Rates by September, Lagarde Says
Take Five: Surging Inflation, Recession Risk and Tanking Markets
Date: May 23, 2022
(Reuters) – Central banks are wrestling with inflation and sliding stocks are feeling the heat, leaving investors to ponder just where the so-called “Fed put” has gone. Meeting minutes from the world’s foremost policy makers may shed some light, while New Zealand and South Korean central banks ponder how big their rate hikes need to...
Czech Central Bank Chief: Rates Likely to Rise in June if Forecast Confirmed
Date: May 22, 2022
PRAGUE (Reuters) – The Czech central bank will likely raise interest rate further in June if data from the economy are in line with the bank’s latest macroeconomic forecast, Governor Jiri Rusnok said on Sunday. “If the current forecast is being confirmed, the probability is high,” he said in a Czech Television debate. Rusnok, who...
Ex-Bank of England Governor King Says Central Banks Share Blame for Inflation
Date: May 20, 2022
By David Milliken LONDON (Reuters) – Former Bank of England Governor Mervyn King said on Friday that central banks including the BoE are to blame for the current surge in inflation to its highest in 40 years, after doing too much quantitative easing during the pandemic. King headed Britain’s central bank from 2003 to 2013,...
Take Five: Surging Inflation, Recession Risk and Tanking Markets
Date: May 20, 2022
(Reuters) – Central banks are wrestling with inflation and sliding stocks are feeling the heat, leaving investors to ponder just where the so-called “Fed put” has gone. Meeting minutes from the world’s foremost policy makers may shed some light, while New Zealand and South Korean central banks ponder how big their rate hikes need to...
European Shares Rally as China Stimulus Lifts Recovery Hopes
Date: May 20, 2022
(Reuters) -European shares surged on Friday and were set to erase weekly losses as hopes of an economic recovery in major trading partner China were bolstered by more central bank stimulus. China’s central bank cut its five-year loan prime rate by a more-than-expected 15 basis points, boosting global market sentiment even as COVID-19 cases in...
BoE’s Pill Sees Need for Further Interest Rate Rises
Date: May 20, 2022
By David Milliken LONDON (Reuters) – The Bank of England will need to raise interest rates further to combat the risk of self-perpetuating price rises, the central bank’s chief economist, Huw Pill, said on Friday. Pill said the central bank was battling the biggest inflation challenge since it gained operational independence in 1997, with inflation...