(Reuters) -BP said on Wednesday two of its staff were killed after sustaining injuries in a fire at its 150,800 barrel-per-day Toledo, Ohio, refinery. “The fire was extinguished last night and …
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By Karin Strohecker and Vincent Flasseur LONDON – Major developed and emerging market central banks around the globe delivered nearly 1,200 basis points in interest rate hikes in July alone, …
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By Valentine Hilaire MEXICO CITY – Brazil’s central bank will hike its key rate by 50 basis points next week, a Reuters poll showed on Friday, matching an increase at …
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By Devayani Sathyan BENGALURU – Australia’s central bank will deliver its third consecutive half-point interest rate hike on Tuesday and another in September, playing catch-up with peers in a campaign …
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(Reuters) – The Central Bank of Kuwait said on Wednesday it increased its discount rate by 25 basis points to 2.5%, after the U.S. Federal Reserve’s three quarters of a …
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By Prerana Bhat BENGALURU – The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell …
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(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – The Russian central bank is expected to cut its key interest …
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By Steven Scheer JERUSALEM – All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5 point to 1.25% at their July 4 meeting …
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A look at the day ahead in markets from Dhara Ranasinghe. After staring parity against the dollar in the face for days, the euro finally broke the key level — …
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By Shaloo Shrivastava and Cynthia Kim (Reuters) – South Korea’s central bank will deliver its first-ever 50 basis point rate rise to 2.25% on Wednesday, turning up the heat on …
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By Devayani Sathyan BENGALURU – The Reserve Bank of New Zealand will deliver a third successive half-point interest rate hike on Wednesday and a fourth next month in its most …
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MANILA – The Philippine central bank may raise interest rates by 100 basis points more this year, its governor said on Wednesday, after annual inflation soared to a near four-year …
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By Devayani Sathyan BENGALURU – Australia’s central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first time it …
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(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester told CNBC on Wednesday if economic conditions remain the same, she will advocate for a 75 basis points (bps) hike in …
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(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said another 75 basis point interest rate hike in July is her “starting point,” though if the economy …
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By Prerana Bhat and Indradip Ghosh BENGALURU – The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won’t scale …
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(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week and could support another similar-sized …
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BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate hikes if inflation continues to …
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By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a percentage point, while Saudi Arabia …
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By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not raise it to zero until …
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PRAGUE – The Czech central bank needs to raise interest rates significantly again when its board meets on June 22 and even a 75 basis-point increase may not be enough, …
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(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points in September after an initial hike of 25 basis points …
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(Reuters) – The Bank of England will raise interest rates in June by a modest 25 basis points and stick to those increments in coming meetings despite inflation running close …
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By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters estimated, as the central bank …
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WARSAW – All nine members of Poland’s Monetary Policy Council (MPC) present at its March rate-setting meeting voted in favour of a 75 basis point hike, voting records showed on …