Europe must not Weaponize Euro, ECB Policymaker Warns

RIGA, Jan 26 Reuters The euro zone should not weaponize its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker said on Friday, just as the EU was contemplating seizing Russian state assets. European officials have been debating for months whether to confiscate frozen Russian assets, […]
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Malaysia C.Bank Holds Rates again, Flags Inflation Risks

KUALA LUMPUR, Jan 24 Reuters Malaysia39;s central bank kept its benchmark interest rate unchanged for the fourth straight meeting on Wednesday, seeking to support economic growth ahead of an expected pickup in inflation following planned subsidy changes. Bank Negara Malaysia BNM maintained its overnight policy rate OPR at 3.00 at its first meeting of the year […]
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ECBs Knot Pushes Back on Rate Cut Bets

Jan 17 Reuters Investor bets for European Central Bank rate cuts are excessive and possibly self defeating because they could actually hold back monetary easing, Dutch central bank chief Klaas Knot told CNBC on Wednesday. Markets are betting on 140 basis points of rate cuts from the ECB this year a drop from 150 basis […]
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US Elections Toss Twist at Markets Fixated on Fed, Economy

NEW YORK, Jan 12 Reuters A U.S. presidential race that is about to heat up could add a fresh wrinkle to markets in 2024, as investors gauge the potential for postelection changes in fiscal spending, taxation and other policy areas. For months, the Federal Reserve39;s monetary policy trajectory and the U.S. economy have consumed investors, […]
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