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, […]

LONDON, Aug 1 Reuters The Bank of England cut interest rates from a 16year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently, which initially dented the pound. Thursday39;s decision was in line with the forecast in a Reuters poll of economists but financial markets had only […]

BOJ raises shortterm policy rate to 0.25 from 00.1 BOJ to halve monthly bond buying to Y3 trln in Q1 2026 Broadening wage hikes, rising services prices behind move Governor Ueda does not rule out another rate hike this year BOJ will keep raising rates if inflation on track Ueda TOKYO, July 31 Reuters The […]

Economists expect close vote at next week39;s BoE meeting Markets see 50 chance of a quarterpoint rate cut Inflation back at 2 target but set to rise again Wage growth and services prices still too high for BoE Rate decision due at 1100 GMT on Aug. 1   LONDON, July 26 Reuters The Bank of […]

MOSCOW, July 26 Reuters Russia39;s central bank hiked its key interest rate by 200 basis points to 18 on Friday, the highest level in more than two years, and vowed to continue tightening until inflation rates in an overheated economy come down. The bank also raised its inflation forecast for 2024 to 6.57.0, well above […]

July 25 Reuters Federal Reserve policymakers are seen leaving their shortterm interestrate target in the 5.255.50 range next week and waiting until September to start a string of quarterpoint reductions, after fresh data showed the U.S. economy regained steam last quarter. Before the data, traders had priced in about a 9 chance of a rate […]

WASHINGTON, July 25 Reuters The U.S. Senate is set to vote on Thursday on two online safety bills that would force social media companies to take responsibility for how their platforms affect children and teens, a step parents and advocates have demanded for years. The bills have broad bipartisan support and are expected to pass […]

LONDON, July 24 Reuters Bank of England Chief Economist Huw Pill said earlier this month that it was an open question whether the BoE would cut interest rates on Aug. 1, despite inflation returning to its 2 target, as underlying price pressures showed uncomfortable strength. In June, the BoE39;s Monetary Policy Committee voted 72 to keep […]

RIO DE JANEIRO, July 23 Reuters Talks over a global tax deal are continuing well past a June 30 deadline and governments are now looking to a Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies. The socalled Pillar 1 arrangement, part […]

ISTANBUL, July 23 Reuters Turkey39;s central bank held its policy rate steady at 50 on Tuesday as expected and repeated it remains highly attentive to inflation risks, even as it expects disinflation to gain strength after a welcome turnaround last month. The central bank last raised interest rates in March, by 500 basis points, and […]