SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe’s current seven-year term is due …
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Factbox-Potential candidates as next chief of Australia’s central bank
by Reutersby ReutersBy Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank will not be reappointed for a second term as the Labor government seeks a new pair of hands …
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J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%
by Reutersby Reuters(Reuters) – J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one last 25-basis point rate hike in October and lifted their …
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SYDNEY (Reuters) – The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate decisions, following an independent review into the bank’s operation. Here …
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NZ central bank hits pause at 5.5%, economists see easing in 2024
by Reutersby ReutersBy Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting pause as expected and flagging rates would be on hold …
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Fed’s Williams says central bank is not done with rate rises – FT
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said the central bank is not done raising its short-term rate target, in …
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China central bank extends policies for financial support of real estate market
by Reutersby ReutersBEIJING (Reuters) – China’s central bank on Monday extended until the end of 2024 some policies in a November rescue package to shore up the real estate sector, with current …
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US central command says it killed ISIS leader in Eastern Syria
by Reutersby ReutersCAIRO/AMMAN (Reuters) -The U.S. Central Command said on Sunday it conducted a drone strike on July 7 that killed an ISIS leader in Eastern Syria. It used the same MQ-9 …
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Two Central Ohio Men Arrested in Connection with Shooting of Police Officer
Reynoldsburg, OH – Two men from Central Ohio have been apprehended and face federal charges for their alleged involvement in a series of robberies that ultimately led to the shooting …
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By Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks …
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Yellen holds talks with China’s central bank governor, former economy tsar
by Reutersby ReutersBy Joe Cash BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s central bank governor Yi Gang and former economy tsar Liu He for informal talks on the …
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Malaysia’s central bank hits pause on rates as price pressures ease
by Reutersby ReutersBy A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank kept benchmark interest rates unchanged on Thursday, as expected, amid signs of moderating growth and easing inflation, with …
- Business News
EMFX will hold gains into 2024 provided central banks hold rates: Reuters poll
by Reutersby ReutersBy Vuyani Ndaba JOHANNESBURG (Reuters) – Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high interest rates …
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Sri Lanka central bank to cut rates further on faster inflation drop
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate cut in June, as …
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Singapore’s fight against inflation still on amid uncertain growth outlook -central bank
by Reutersby ReutersBy Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices …
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Factbox-Potential candidates as next chief of Australia’s central bank
by Reutersby ReutersBy Wayne Cole SYDNEY (Reuters) – The Australian government will announce this month whether it would reappoint Reserve Bank of Australia (RBA) Governor Philip Lowe or replace him. Here’s a …
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Central bank surprises see June become bumper 2023 rate hike month
by Reutersby ReutersBy Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The world’s major central banks delivered in June the biggest number of monthly interest rate hikes year-to-date, surprising markets and flagging …
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Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday and keep it there for the rest of the year, …
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Analysis-Bond markets reckon a central bank policy error is on the cards
by Reutersby ReutersBy Yoruk Bahceli (Reuters) – Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip …
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Man assaulted and robbed in Central Park
by Adam Devineby Adam DevineNEW YORK CITY, NY – The New York City Police Department is seeking the public’s assistance in identifying an individual involved in an assault and attempted robbery incident. On Monday, …
- Business News
Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
by Reutersby ReutersBy Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but …
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BRASILIA (Reuters) – Brazil’s central bank joined on Thursday a wave of recent upward revisions for the country’s economic growth this year, guided by a solid first quarter boosted by …
- Business News
Swedish central bank chief says skeptical of currency intervention
by Reutersby ReutersSTOCKHOLM (Reuters) – The Swedish central bank’s decision to asses the possibility of hedging a portion of foreign exchange reserve should not be seen as a veiled threat of currency …
- Business News
Factbox-Policy measures China’s central bank could use to stem yuan weakness
by Reutersby Reuters(Reuters) – China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People’s Bank of …
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Investigation underway after Rutgers student found dead
Piscataway, NJ — The Rutgers University Police Department (RUPD) and the Middlesex County Prosecutor’s Office (MCPO) have initiated an investigation into the circumstances surrounding the discovery of a deceased male …