By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) – Faced with a $42 billion budget hole so far this year, Russian officials on Thursday acknowledged the need for more efficient…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how…
LONDON (Reuters) – Analysts at leading investment banks expect Turkey’s new economic chiefs to start ramping up interest rates next week as part of a major reset of the country’s…
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the country into a technical recession in the first quarter, a…
PARIS (Reuters) – Upcoming interest rate hikes will be marginal, said European Central Bank (ECB) member and Bank of France governor Francois Villeroy de Galhau, who added that rate hikes…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s central bank raised its key rate by a quarter point on Wednesday, saying core inflation remained elevated but it is ready…
BOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest economy slowed in May, bank board chief Leonardo Villar said…
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel’s monetary policy is currently restrictive and at an appropriate level given moderating inflation, but interest rates could rise further should the…
FRANKFURT (Reuters) – The European Central Bank will need to raise interest rates “several” more times and then must hold rates steady for some time before inflation is fully tamed,…
BRASILIA (Reuters) – Brazil’s finance ministry forecast a primary budget deficit of 136.2 billion reais ($27.22 billion) this year, compared to 107.6 billion reais projected in March, according to its…
Berkeley Township, NJ – On Monday night, the Berkeley Township Council unanimously passed a resolution opposing the proposed toll increases on the Garden State Parkway and New Jersey Turnpike. The…
AMELIA ISLAND, Florida (Reuters) – Changing interest rates in “smaller, less frequent steps” can make it less likely that U.S. Federal Reserve monetary policy causes financial instability, Dallas Fed President…
(Reuters) – Richmond Federal Reserve President Thomas Barkin on Tuesday he likes the “optionality” implied in the central bank’s latest policy statement, but he is “comfortable” with raising interest rates…
MEXICO CITY (Reuters) – The Bank of Mexico is expected to hold the country’s benchmark interest rate on Thursday, halting a cycle of rate hikes that began in June 2021,…
By Leika Kihara NIIGATA, Japan (Reuters) – Many central bank governors from the Group of Seven (G7) rich nations appeared to feel the impact of past interest rate hikes has…
ATHENS (Reuters) – The ECB’s monetary tightening cycle will end this year if there are no dramatic changes, Greek central bank chief Yannis Stournaras told a news website in an…
FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations…
FRANKFURT (Reuters) -The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said on Friday as surveys showed the fight against rising prices…
LONDON (Reuters) – The U.S. Federal Reserve is close to the end of its interest rate hiking cycle, while the European Central Bank on Thursday slowed the pace of its…
LONDON (Reuters) – Euro zone government bond yields fell along with the euro on Thursday after the European Central Bank raised interest rates by 25 basis points (bps), as expected.…
FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its options open on future moves as it continues its fight…
Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis Jason Cohen on May 3, 2023 The Federal Reserve hiked its benchmark federal funds rate by a quarter…
(Reuters) – Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company’s shares rose about…
LONDON (Reuters) – British sandwich and coffee chain Pret A Manger has raised the price of its monthly coffee subscription service by 20% to 30 pounds ($37.34) but expanded it…
(Reuters) – Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a…