By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will raise interest rates at least twice more in coming months, with the risk they go higher still, according to …
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SYDNEY (Reuters) – Australia’s top central banker will face a grilling at parliamentary hearings this week after surprising many with a hawkish turn on interest rate hikes that are adding …
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By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week did not alter his view …
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By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and …
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FRANKFURT (Reuters) – European Central Bank policymakers left Thursday’s meeting expecting at least two more rate hikes, although differences remained about their pace and final destination, two members of the …
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FRANKFURT (Reuters) – The European Central Bank raised interest rates for the fifth successive time on Thursday and signalled another half a percentage point increase for March, pressing ahead with …
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Fed Hikes Interest Rates To Highest Levels In 15 Years John Hugh DeMastri on February 1, 2023 The Federal Reserve raised its target federal-funds interest rate by a quarter percentage …
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SEOUL (Reuters) – Most Bank of Korea board members at a Jan. 13 meeting turned cautious about interest rates rises, even though a majority voted for one on that day, …
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By Ann Saphir (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since they kicked off their …
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Sen. Michael Testa and Sen. Declan O’Scanlon said a decision by the City of Trenton to leave the State Health Benefits Plan for a private insurer to avoid a 23% …
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BANGKOK (Reuters) – The following is a statement from the Bank of Thailand after it unanimously raised its key interest rate by 25 basis points to 1.50% on Wednesday, as …
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By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will end its tightening cycle after a 25-basis-point hike at each of its next two policy meetings and then likely …
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(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the talent war on Wall Street …
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(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser said the U.S. Federal Reserve could slow rate hikes in late spring or early summer, in an interview with CNBC. After …
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(Reuters) -The Federal Reserve is now seen nearly certain to deliver just a quarter-point interest-rate hike at its next meeting and likely to ultimately stop raising rates short of 5%, …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to raise rates more to cool …
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PARIS (Reuters) – Interest rate hikes by the European Central Bank will need to come at a “pragmatic pace” in the coming months, French ECB policymaker Francois Villeroy de Galhau …
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December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes John Hugh DeMastri on January 6, 2023 The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000 …
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By Rocky Swift TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants announced its third price hike in less than a year on Friday in the latest sign of compounding …
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By Michael S. Derby NEW YORK (Reuters) – Kansas City Federal Reserve leader Esther George said on Thursday that she hopes the central bank will continue its efforts to shrink …
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TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 years, wages did not rise …
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By Caroline Valetkevitch and Joice Alves NEW YORK/LONDON (Reuters) – Corporate earnings growth is expected to slow in the year ahead in many countries as higher inflation and rising interest …
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By Devayani Sathyan BENGALURU (Reuters) – Cooling inflation and a more resilient rupiah currrency is expected to give Bank Indonesia enough comfort to opt for a more modest quarter-point interest …
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SYDNEY, Dec 20 (Reuters) – Australia’s central bank considered leaving interest rates unchanged at its December policy meeting, citing the lagged effects of the aggressive tightening delivered so far and …
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By Angelo Amante and Giuseppe Fonte ROME (Reuters) -The prospect of subsequent hikes in interest rates by the European Central Bank is worrying for highly indebted countries like Italy, its …