Norway, UK central banks hike rates in August Brazil reinforces Latam cycle has turned with rate cut Currency weakness, inflation woes force Turkey, Russia hikes LONDON, Sept 4 Reuters Central banks across major developed and emerging economies took a breather in August with the pace and scale of interest rate hikes shifting another gear lower […]

Sustained achievement of price goal 39;clearly in sight39; Tamura Good chance of inflation overshoot as firms hike prices Tamura BOJ must keep low rates for now, scrutinise wage and price data BOJ may have more clarity Q1 next year on wage, price outlook KUSHIRO, Japan, Aug 30 Reuters After a decade of massive monetary stimulus, […]

Aug 28 Reuters A look at the day ahead in U.S. and global markets by Amanda Cooper. One of the overarching market themes this year aside from the hype around artificial intelligence has been investors avidly building up bets on the Federal Reserve finally announcing an end to its cycle of rate hikes, only to […]

Key rate held at 5.75 since January Focus remains on rupiah stability New securities will use govt bonds as underlying assets JAKARTA, Aug 24 Reuters Indonesia39;s central bank left interest rates unchanged on Thursday, as expected, saying current levels are sufficient to keep inflation in check, while strengthening efforts to stabilise the rupiah currency. Bank […]

BEIJING, Aug 28 Reuters The United States and China have agreed to launch an export control enforcement information dialogue and a new formal working group on commercial issues, the U.S. Commerce Department said on Monday, giving Beijing a potential forum to express concerns. After meetings between U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister […]

Rate hike of 750 bps vs forecast of 250 bps Rare hawkish surprise leads to rare lira jump Analysts see stronger determination on inflation Policy committee included three new members ISTANBUL, Aug 24 Reuters Turkey39;s central bank hiked its key interest rate by a largerthanexpected 750 basis points to 25 on Thursday, sparking a rare […]

SHANGHAISINGAPORE, Aug 21 Reuters China cut its oneyear benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the fiveyear rate unchanged amid broader concerns about a rapidly weakening currency. The recovery in the world39;s secondlargest economy has lost steam due to a worsening […]

ROME, Aug 18 Reuters The European Central Bank ECB is preparing to send a letter to Italy raising objections about the government39;s windfall tax on banks39; profits, the Corriere della Sera daily wrote on Friday. The letter will criticize the fact Rome announced the tax last week without previously informing either the Bank of Italy or the […]

BEIJING, Aug 17 Reuters China39;s central bank said on Thursday it would keep liquidity reasonably ample and keep its policy precise and forceful to support the country39;s economic recovery, amid rising headwinds. Data for July has highlighted the intensifying pressure on the economy on a number of fronts, including a property downturn and deflationary pressure, […]

ARENDAL, Norway, Aug 17 Reuters Norway39;s central bank raised its benchmark interest rate by 25 basis points to 4.0 on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September. Thursday39;s hike had been expected by all 31 economists polled by Reuters, and a majority of poll participants […]