Marketmind: Markets now banking on no more Fed hikes
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. After the crash, bang, and wallop of two …
hikes
Instant View: Powell talks tough again, but says no call made on stepping up hikes
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that …
Swiss National Bank does not rule out more interest rate hikes
ZURICH (Reuters) – The Swiss National Bank cannot rule out that it will have to raise interest rates again to bring inflation under control, Chairman …
Hawkish Powell puts 50 bp Fed rate hikes back on table
NEW YORK (Reuters) – The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is …
ECB’s Holzmann calls for four more 50 bps rate hikes- Handelsblatt
BERLIN (Reuters) – The European Central Bank should raise interest rates by 50 basis points at each of its next four meetings as inflation is …
ECB’s Lane backs more rate hikes even as inflation eases
DUBLIN (Reuters) – The European Central Bank is likely to increase its interest rates further in the coming months to fight high inflation in the …
S.Korea inflation slowest in 10 months, bolsters views for no more hikes
By Jihoon Lee SEOUL (Reuters) – South Korea’s consumer prices for February grew at their slowest pace in 10 months, bolstering views that the central …
Fed’s Barkin calls for deliberate rate hikes to fight ‘exhausting’ inflation
PALO ALTO, California (Reuters) – The U.S. central bank will need further, deliberate interest rate hikes to bring inflation back down to its 2% goal, …
Bank of Mexico’s Mejia says pace of rate hikes could slow down
MEXICO CITY (Reuters) – Omar Mejia, recently appointed deputy governor of Mexico’s central bank, said on Wednesday the institution could consider slowing the pace of …
ECB may need big rates hikes beyond March, steeper QT from July, Nagel says
FRANKFURT (Reuters) – The European Central Bank may need significant rate hikes beyond March and should accelerate the rundown of its oversized bond portfolio to …
Analysis-European stocks lure global investors as rate hikes hurt U.S. more
By Shreyashi Sanyal (Reuters) – Global equity investors are finding financials-heavy European markets more alluring than their U.S. counterparts packed with expensive technology stocks in their …
With backing from business lobby, Japan PM calls for workers’ pay hikes
TOKYO (Reuters) – Japan must spread the momentum of wage growth across the country to conquer rising inflation as annual labour negotiations wrap up next …
Fed’s Mester says hot inflation data affirms case for more rate hikes
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland leader Loretta Mester said Friday she wasn’t surprised by the latest round …
Australian pallets maker Brambles hikes annual profit outlook; shares jump
By Harish Sridharan (Reuters) -Australian logistics company Brambles Ltd raised its annual earnings outlook on Friday as it offset cost pressures with product price hikes, …
ECB posts loss as it pays price for its own rate hikes
FRANKFURT (Reuters) -The European Central Bank made a loss last year as its own interest rate increases forced it to write down the value of …
Bearish bets on Asian FX return on renewed woes over Fed rate hikes – Reuters poll
By Tejaswi Marthi (Reuters) – Investors returned to placing bearish bets on all Asian currencies shortly after on the increasing likelihood that the U.S. Federal …
Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising …
Biden’s Social Security Pledge Will Likely Mean Huge Middle Class Tax Hikes, Expert Warns
Biden’s Social Security Pledge Will Likely Mean Huge Middle Class Tax Hikes, Expert Warns Laurel Duggan on February 21, 2023 President Joe Biden promised to …
South Africa’s Tiger Brands grows sales after price hikes
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose 17% year-on-year as it raised …
Struggling aerospace suppliers may not be able to support jet output hikes – survey
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, …
Nestle plans price hikes after costs eat into profits
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said …
Indonesia central bank holds rates after months of hikes, plays down need for more tightening
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday, pausing after six consecutive hikes …
Colombia’s central bank may need more rate hikes depending on inflation -IMF
BOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation in Latin America’s fourth-largest economy …
Fed not yet done on hikes but likely close, Harker says
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation and will have to raise them above …
Fed not yet done on hikes but likely close – Harker
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it is likely near, Philadelphia Fed …
At least two more Fed rate hikes and no cut this year, say economists
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 …
Australia’s top central banker to face lawmaker ire over rate hikes
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 …
Fed’s Harker says small rate hikes on table, opens door to cuts next year
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week …
Shoppers to face fresh price hikes as stores, suppliers pass on costs
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to …
ECB governors see at least two more rate hikes, sources say
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 …
ECB hikes rates, promises another 50 bps more in March
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the fifth successive time on Thursday and signalled another half a percentage point increase …
Fed Hikes Interest Rates To Highest Levels In 15 Years
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 …
Bank of Korea board cautious on more rate hikes – Jan meeting minutes
SEOUL (Reuters) – Most Bank of Korea board members at a Jan. 13 meeting turned cautious about interest rates rises, even though a majority voted …
Fed’s words in focus as markets bet rate hikes will soon end
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 …
Testa/O’Scanlon: You Know Murphy’s Mismanagement of SHBP Rate Hikes Is Bad When Dysfunctional Trenton Looks Smart for Jumping Ship
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% increase could signal a coming exodus of local governments from the state plan.
Thai central bank hikes key interest rate by 25 bps
BANGKOK (Reuters) – The following is a statement from the Bank of Thailand after it unanimously raised its key interest rate by 25 basis points …
Fed to deliver two 25-basis-point hikes in Q1, followed by long pause: Reuters poll
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 …
Citigroup hikes pay for junior bankers despite tough year – Bloomberg News
(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the …
Citi CEO says Fed could slow interest rate hikes by early summer – CNBC
(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 …
Fed seen near certain to switch to smaller rate hikes as inflation slows
(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 …
Fed’s Harker ready to downshift to 25 basis-point interest rate hikes
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to …
ECB’s Villeroy sees rate hikes at a ‘pragmatic pace’ in coming months
PARIS (Reuters) – Interest rate hikes by the European Central Bank will need to come at a “pragmatic pace” in the coming months, French ECB …
December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes
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 …
McDonald’s Japan hikes prices for 3rd time in 10 months on surging costs
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 …
Fed’s George: It will be key to hold rates up once hikes end
By Michael S. Derby NEW YORK (Reuters) – Kansas City Federal Reserve leader Esther George said on Thursday that she hopes the central bank will …
Japan’s Kishida urges companies to give wage hikes that exceed inflation
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 …
Recession, rate hikes seen jamming brakes on global 2023 earnings growth
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 …
Bank Indonesia seen reducing rate hikes to modest 25bps on Dec. 22- Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Cooling inflation and a more resilient rupiah currrency is expected to give Bank Indonesia enough comfort to opt for …
Australia’s central bank considered pausing hikes at Dec meeting, still sees more ahead
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 …
Italian economy minister says ECB rates hikes worrying for Rome
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 …