ROME, Dec 13 Reuters Italy could use its veto to prevent the adoption of the European Union39;s new fiscal rules if the outcome of negotiations among partners does not meet its demands, Prime Minister Giorgia Meloni said on Wednesday. The bloc39;s Stability and Growth pact was suspended in 2020 due to COVID19 and is due […]

Rate announcement due on Dec. 14 15 analysts predict unchanged rate of 4.25, 12 see hike Rates may have peaked, first cut seen in Q4 2024 OSLO, Dec 11 Reuters Analysts are divided over whether Norway39;s central bank will continue to raise interest rates this week, with a narrow majority predicting an unchanged cost of […]

Repo rate kept unchanged at 6.5, as expected RBI to maintain tight stance as inflation seen a risk Rates expected to stay on hold well into 2024 MUMBAI, Dec 8 Reuters India39;s central bank on Friday raised its fiscal year growth forecast on the back of a robust economy and flagged continuing tight monetary policy […]

BRUSSELS, Dec 6 Reuters Top EU officials will raise an array of concerns from Russia39;s invasion of Ukraine to trade irritants in a summit with Chinese leaders on Thursday that is expected to be long on firm words, but short on outcomes. European Commission President Ursula von der Leyen, European Council President Charles Michel and […]

SYDNEY, Dec 5 Reuters Australia39;s central bank held interest rates steady on Tuesday as expected, buying it more time to assess the state of the economy and decide whether to tighten further next year even as the U.S. and Europe are seen as almost certain to ease. Wrapping up its December policy meeting, the Reserve […]

WELLINGTON, Nov 29 Reuters New Zealand39;s central bank held the cash rate steady on Wednesday, but noted inflation remained too high and that further policy tightening might be needed if price pressures did not ease. The Reserve Bank of New Zealand RBNZ kept the official cash rate OCR at 5.5 as expected, but the hawkish […]

Decision comes as Hungary blocks aid to Ukraine EU finance ministers to discuss Commission proposal on Dec. 8 EU bargains with Hungary ahead of key summit next month BRUSSELS, Nov 23 Reuters The European Union executive on Thursday approved 900 million euros 1 billion in advance payments to Hungary under its hitherto frozen share of […]

OPEC had been scheduled to meet on Sunday Delay comes as countries struggle to agree output levels Dispute linked to African countries Oil loses nearly 1, rebounds from 4 drop earlier Delay shows there are some different views in group analyst DUBAILONDON, Reuters OPEC has delayed a ministerial meeting expected to discuss oil output cuts to […]

SHANGHAISINGAPORE, Nov 20 Reuters China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further monetary easing and policymakers waited to see the effects of previous stimulus on credit demand. Recent data shows the recovery in the world39;s secondlargest economy remains patchy with industrial output and […]

Philippine c.bank keeps policy rate steady at 6.5 as forecast Says inflation outlook has moderated C.bank says ready to resume policy tightening if needed MANILA, Nov 16 Reuters The Philippine central bank kept its policy rate steady at 6.5 on Thursday, as expected, warning that its fight with inflation was not over and it could raise […]