monetary-policy
Top StoriesGerman Fiscal Policy to Stave Off Stagflation – Lindner
Top StoriesECB Should Keep 2022 Rate Hike on Agenda, if Inflation Warrants It -Nagel
Top StoriesAnalysis-For Fed’s Powell, 2019 Remains the Touchstone for a Post-Pandemic Economy
Top StoriesDollar Dips, Yen Near Six-Year Lows as Ukraine Crisis Weighs
European Shares Dip in Choppy Trade, Oil Stocks Cap Declines
Date: March 21, 2022
By Shreyashi Sanyal (Reuters) – European shares inched lower in choppy trading on Monday, as continued fighting in Ukraine weighed on investor sentiment, while gains in energy stocks kept the losses in check. The pan-European STOXX 600 dipped 0.1% after posting its biggest weekly percentage gain since November 2020 on Friday. Investors were closely tracking...
Euro Set for Biggest Weekly Rise in 6 Weeks
Date: March 18, 2022
By Saikat Chatterjee LONDON (Reuters) – The euro weakened on Friday but was set for its biggest weekly gains in six weeks as traders breathed a sigh of relief after Russia avoided default on dollar-denominated debt and markets weighed the broader impact of the start of the U.S. rate hike cycle. The single currency drifted...
Bank of England Raises Rates in 8-1 Vote
Date: March 17, 2022
LONDON (Reuters) – The Bank of England raised interest rates on Thursday in a bid to keep fast-rising inflation in check but, with the economy facing a huge hit from soaring energy prices, it softened its language on the need for further increases. Eight out of nine members of the Monetary Policy Committee (MPC) voted...
Bank of England Hikes Rates Again but Shows Unease Over Outlook
Date: March 17, 2022
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates again on Thursday in a bid to stop fast-rising inflation becoming entrenched, but it softened its language on the need for more increases as households face a huge hit from soaring energy bills. Eight of the nine Monetary Policy Committee...
Pound Falls After BoE Raises Rates but Sounds Less Sure About Future Hikes
Date: March 17, 2022
LONDON (Reuters) -The British pound dropped on Thursday after the Bank of England raised interest rates but sounded less certain about the pace of further tightening to combat soaring inflation. Sterling had gained before the BoE announced its Monetary Policy Committee had voted 8-1 to raise rates 25 basis points to 0.75%. The one dissenter...
Euro Edges Up, Focus on Ukraine Talks
Date: March 17, 2022
By Stefano Rebaudo (Reuters) -The euro rose on Thursday with investors closely watching for developments in talks between Russia and Ukraine, while the Federal Reserve’s monetary policy decision failed to affect the market as the bar for a hawkish surprise was high. The Kremlin said that Russia was putting colossal energy into talks on a...