SEOUL, Jan 13 Reuters South Korea39;s central bank raised its policy interest rate by 25 basis points on Friday, as expected, but bond yields plunged in response to comments suggesting its 112year ratehike campaign had ended. The benchmark 10year treasury bond yield dived as much as 14.3 basis points to 3.270, its lowest since late […]

Dec 20 Reuters The Bank of Japan has slightly loosened the shackles on its 10year yield target and said it will review the operation of its yieldcurve control policy, surprising financial markets and sending the yen sharply higher. Here are some comments from experts TAKESHI MINAMI, CHIEF ECONOMIST AT NORINCHUKIN RESEARCH INSTITUTE, TOKYO It came as a […]

Russian cental bank holds key rate at 7.5 Says inflation risks prevail in short and medium term Decision to hold is in line with analyst consensus This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Dec 16 Reuters Russia39;s central bank held its key interest rate […]

WASHINGTON, Dec 14 Reuters When President Joe Biden speaks to African leaders in Washington on Wednesday, expect to hear about support for democracy, economic development and new financial commitments for a region that in recent years has taken a backseat to other U.S. priorities. But there will be another, likely unspoken message The United States […]

LIMA, Dec 7 Reuters Peru39;s central bank increased its benchmark interest rate 25 basis points to 7.5 on Wednesday, the 17th consecutive hike as monetary policymakers in the copperproducing Andean nation battle stubbornly high inflation. The bank has raised the rate periodically since August 2021 to combat rising inflation that hit 8.45 in November on […]

SYDNEY, Dec 6 Reuters Australia39;s central bank raised its cash rate 25 basis points to a 10year high of 3.10 on Tuesday and reiterated that further policy tightening will be needed ahead, although policy was not on a preset path. Wrapping up its December policy meeting, the Reserve Bank of Australia RBA said the size […]

G10 central banks deliver 350 bps of rate hikes last month Emerging central banks tightened policy by 400 bps Hiking cycle coming to an end in many developing economies LONDON, Dec 5 Reuters The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the […]

WASHINGTON, Dec 1 Reuters A bipartisan group of more than 40 U.S. senators warned China on Thursday against any violent crackdown on protests there, saying it would do extraordinary damage to the U.S.China relationship. The 42 senators, led by Democrats Dan Sullivan and Jeff Merkley and Republicans Mitch McConnell and Todd Young, said in a […]

Policy mix between government and BOJ seen in doubt Yen hovers near 32yr lows vs dlr despite intervention Suzuki says in constant touch with U.S. on FX policy Estimates show record spending on yenbuying intervention TOKYO, Oct 25 Reuters Japanese Finance Minister Shunichi Suzuki said on Tuesday there was no policy contradiction between his ministry39;s […]

SYDNEY, Oct 5 Reuters New Zealand39;s central bank on Wednesday lifted interest rates to a sevenyear high and promised more pain to come as it struggles to cool redhot inflation in an overstretched economy. The Reserve Bank of New Zealand39;s RBNZ policy committee raised its official cash rate by 50 basis points to 3.5, the […]