monetary-policy
Top StoriesJapanese Yen Falls to 20-year Low as Dollar Outlook Bright
InvestingReality Check Looms for Southern Europe’s Bond Markets
Top StoriesSterling Drops to Lowest Since Nov 2020 After UK Inflation Data
Top StoriesInvestors Snap up Dollar on Hawkish Fed Views; Yen Slumps Past 126
Dollar Rebounds as Brainard Assures Markets Fed Will Stay the Course
Date: April 12, 2022
By Hannah Lang WASHINGTON (Reuters) -The dollar rebounded on Tuesday after digesting slightly softer-than-expected U.S. inflation data, while the euro extended losses ahead of a policy-setting meeting at the European Central Bank. Federal Reserve Governor Lael Brainard said on Tuesday that there were some signs of “welcome” cooling in the latest inflation readout, but emphasized...
Sterling Strengthens Slightly, Holding Around $1.30
Date: April 12, 2022
By Elizabeth Howcroft LONDON (Reuters) -Sterling strengthened slightly on Tuesday, hovering around the $1.30 level for its third session in a row, having shown little reaction to news that Britain’s prime minister and finance minister will receive fines for breaking lockdown rules. World stocks edged higher after a wobbly start, while U.S. Treasury yields slipped...
British Shares Fall After Jobs Data, Rolls-Royce Top FTSE 100 Loser
Date: April 12, 2022
By Devik Jain (Reuters) -London’s FTSE 100 fell on Tuesday as data showed some signs of reduced demand for labour, with healthcare and consumer staples stocks weighing the most, while Rolls-Royce dropped to the bottom of the blue-chip index on brokerage action. The FTSE 100 dropped 0.9%, with Unilever, Diageo, HSBC Holdings and AstraZeneca down...
Euro Zone Banks to Tighten Corporate Credit Access on War Fears: ECB
Date: April 12, 2022
FRANKFURT (Reuters) -Euro zone banks plan to sharply tighten access to corporate credit in the second quarter as the war in Ukraine weighs on the outlook and cuts deep into their risk tolerance, a European Central Bank survey showed on Tuesday. As the war drags on and inflation soars, policymakers have become increasingly concerned that...
U.S. Yields Jump to 3-year Highs, Stocks Slide on CPI Outlook
Date: April 12, 2022
By Herbert Lash NEW YORK (Reuters) – Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The euro rose against the dollar to...
Runaway Prices and Slowing Growth: Five Questions for the ECB
Date: April 11, 2022
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – Thursday’s European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine. As some of the most dovish major central banks change tune to tackle surging inflation, some ECB Governing Council (GC)...