TALLINN, Aug 30 Reuters Euro zone inflation is falling as predicted, easing the risk that further rate cuts would derail disinflation, but the European Central Bank must become increasingly cautious as rates go lower, ECB board member Isabel Schnabel said on Friday. The ECB is widely expected to cut interest rates again next month given […]

Aug 30 Reuters Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, opening the way for a first interest rate reduction next month as they shift their focus to preventing further cooling in the labor market. The personal consumption expenditures PCE price index rose 2.5 from a year earlier in July, […]

Canada to impose 100 tariffs on Chinesemade EVs Canada also announces 25 tariff on Chinese steel PM Trudeau says more punitive measures possible Tesla shares down over 3 after announcement Announcement follows similar move from United States OTTAWA, Aug 26 Reuters Canada, following the lead of the United States, on Monday said it would impose […]

JACKSON HOLE, Wyoming, Aug 22 Reuters Federal Reserve policymakers on Thursday lined up in support of U.S. interestrate cuts starting next month now that inflation is well down from its highs and the U.S. labor market is cooling, though one signaled he is in no rush to ease policy. For me, barring any surprise in […]

SEOUL, Aug 22 Reuters South Korea39;s central bank kept interest rates unchanged on Thursday but revived expectations for an imminent policy easing that some economists see happening as soon as October as growth concerns overshadow inflation worries. The Bank of Korea BOK held the benchmark interest rate at 3.50 in a unanimous decision, an outcome expected […]

JAKARTA, Aug 21 Reuters Indonesia39;s central bank on Wednesday held interest rates steady, as expected, preferring to focus on stabilizing the rupiah before possibly easing rates later this year. Bank Indonesia BI kept the benchmark 7day reverse repurchase rate at 6.25, where it has been since April, as expected by all 30 economists polled by Reuters. […]

SHANGHAISINGAPORE, Aug 20 Reuters China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations. WHY IT39;S IMPORTANT The steady monthly LPR fixings met market expectations, as shrinking interest margins at lenders hampered continued easing efforts after China lowered a string of key interest rates a month earlier. BY […]

WELLINGTON, Aug 16 Reuters New Zealands central bank governor Adrian Orr on Friday raised the distinct prospect of cutting rates another 50 basis points by yearend, saying I would love to be delivering that in explicit comments setting the course for decisive policy easing. The Reserve Bank of New Zealand slashed its benchmark rate by a quarter […]

RBNZ cuts rates by 25 bps to 5.25, first easing in over 4 yrs RBNZ flags more cuts ahead, taking rate to 3.85 end2025 Kiwi dlr tumbles as markets bet on more aggressive easing path Market pricing sees policy rate near 3.0 by end of 2025 WELLINGTON, Aug 14 Reuters New Zealand39;s central bank slashed […]

Board debated risk of inflation overshoot in July summary Hawkish debate likely behind Governor Ueda39;s ratehike signal Some members warned against premature hike, weak consumption BOJ hiked rates at July 3031 meeting, laid out bond taper plan TOKYO, Aug 8 Reuters Bank of Japan policymakers, in deciding a landmark increase in interest rates last month, […]