Fed seen Waiting at Least until June to Cut Rates

March 12 Reuters A second straight month of strongerthanexpected inflation has effectively shut the door on the possibility of a Federal Reserve interestrate cut before June, with some traders and analysts betting central bankers may need to wait even longer. Gasoline and shelter prices drove the February consumer price index up 3.2 versus a year earlier, an […]
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NZ Central Bank Holds Rates, Tones Down Hawkish Stance

WELLINGTON, Feb 28 Reuters New Zealand39;s central bank held the cash rate steady at 5.5 on Wednesday and trimmed the forecast peak for rates, catching markets by surprise as policymakers said the risks to the inflation outlook have become more balanced. The Reserve Bank of New Zealand39;s decision was in line with forecasts but defied […]
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S.Korea Holds Rates Steady, Talks Down Early Rate Cut Chance

BOK holds interest rate steady as expected One BOK board members sees door open for nearterm rate cut SEOUL, Feb 22 Reuters South Korea39;s central bank on Thursday joined its peers in the U.S. and Australia in seeking to hose down investors39; aggressive rate cut expectations after keeping interest rates at a 15year high. Most board members […]
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Russian C.Bank Holds Rates at 16 after Months of Tightening

MOSCOW, Feb 16 Reuters Russia39;s central bank held its key interest rate at 16 on Friday, opting to leave borrowing costs unchanged after five successive rate hikes since last summer, still grappling with stubborn inflation pressure. The return of inflation to target in 2024 and its further stabilisation close to 4 assume that tight monetary […]
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