monetary-policy
Top StoriesECB Must Watch Surge in Inflation Expectations -De Guindos
Top StoriesEconomic Growth Risks Jolt Inflation-Obsessed Markets
FinanceBoE Set to Walk the Line Between Inflation and Recession
Top StoriesBoE Set to Walk the Line Between Inflation and Recession
Sterling Edges up From 21-month Low vs Dollar
Date: April 27, 2022
(Reuters) -Sterling edged up from a new 21-month low against the dollar hit earlier on Wednesday after Britain’s weak economic outlook and higher than expected government borrowing dented the Bank of England’s (BoE) monetary tightening narrative. Money markets have been scaling back bets on the size of BoE rate hikes, pricing in 144 basis points...
Norway’s Central Bank to Hold Rates Next Week, Raise in June- Reuters Poll
Date: April 27, 2022
OSLO (Reuters) – Norway’s central bank will keep its benchmark interest rate on hold next week at 0.75% while confirming plans for a hike in June, a Reuters poll showed on Wednesday. Norges Bank said last month it would raise rates this year and next at a faster pace than previously intended to keep a...
Oil Rebounds From Drop on China Demand Concerns
Date: April 26, 2022
By Rowena Edwards LONDON – Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand. Brent crude futures were up $1.26 cents, or 1.2%, at $103.58 a barrel by 1355 GMT. U.S. West Texas Intermediate contracts were up $1.14 cents, or 1.2%, at $99.68. Brent and...
Sterling Falls to Lowest Level Since September 2020 Versus Dollar
Date: April 25, 2022
(Reuters) -Sterling fell on Monday to its lowest level since September 2020 against a strengthening dollar, while money markets scaled back their bets on future monetary policy tightening by the Bank of England (BoE). The dollar climbed to a two-year high versus a basket of major trading partner currencies and was on track for its...
Bank of England Policymakers Weigh up Inflation and Recession Risks
Date: April 25, 2022
LONDON (Reuters) – The Bank of England is expected to announce on May 5 that it is raising interest rates for a fourth meeting in a row and investors are mostly focused on its signals about further increases in borrowing costs after that. Last month, the BoE softened its language on the need for more...
Sterling Falls to Lowest Since September 2020 Versus Dollar
Date: April 25, 2022
(Reuters) -Sterling fell on Monday to its lowest since September 2020 against a strengthening dollar and edged lower versus the euro, while money markets scaled back their bets on future monetary policy tightening from the Bank of England (BoE). The dollar climbed to a two-year high versus its rivals and was on track for its...