monetary-policy
Top StoriesAsia Shares Slip Ahead of ECB Meeting, U.S. Inflation Test
Top StoriesRussian Inflation Accelerates to 7.61% M/m in March, Highest Since 1999
TradingU.S. Dollar Surges as Index Hits 100 for First Time in Nearly Two Years
Top StoriesDollar Slides From Near Two-Year High Amid Hawkish Signals From Fed
ECB Policymakers Keen to Roll Back Stimulus Amid High Inflation: Accounts
Date: April 7, 2022
FRANKFURT (Reuters) -European Central Bank policymakers appeared keen to unwind stimulus at their March 10 meeting, with some pushing for even more action, as conditions for raising rates had either been met or were about to be met, the accounts of the gathering showed. Policymakers agreed at the meeting to end bond buys some time...
Dollar Heads Towards 2-year High After Fed Aids Greenback Bulls
Date: April 7, 2022
LONDON (Reuters) – The dollar was heading towards a two-year high against a basket of major currencies on Thursday after meeting minutes showed the Federal Reserve preparing to move aggressively to fight inflation, while commodity-linked currencies fell further. The euro remained near a one-month low below $1.09 as investors await European Central Bank minutes due...
Yields Rise, Stocks Drop as Investors Wait for Fed Minutes
Date: April 6, 2022
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and stock indexes fell sharply on Wednesday ahead of the release of minutes from the Federal Reserve’s last meeting investors will scan for clues on the central bank’s plans to fight inflation. Fed Governor Lael Brainard said this week she expected a combination of interest...
U.S. Dollar Little Changed Ahead of Fed Minutes
Date: April 6, 2022
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was flat to slightly higher on Wednesday, retreating from sharp gains the previous session following hawkish comments from one of the Federal Reserve’s top officials, as investors looked to the release of the U.S. central bank’s minutes of its last monetary policy meeting....
IMF Says Time May Be Approaching for SNB to Tighten Policy
Date: April 6, 2022
ZURICH (Reuters) – Risks of rising inflation could prompt the Swiss National Bank to start exiting its ultra-loose monetary policy, the International Monetary Fund (IMF) suggested on Wednesday. Although uncertainty remains high, the pickup of inflation is expected to be temporary, with inflation returning to the SNB’s 0%–2% target band in the first half of...
French Election, Russia Sanctions Keep Pressure on Euro
Date: April 6, 2022
By Joice Alves LONDON (Reuters) – The euro steadied on Wednesday after falling to its lowest level in a month against a strengthening dollar as the prospect of new Western sanctions on Russia and the upcoming French presidential election added to pressure on the European currency. The euro had edged up 0.06% to $1.09130 versus...