ECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy and helping Russia undermine Western …
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy and helping Russia undermine Western …
AMSTERDAM (Reuters) – The European Central Bank (ECB) has a longer way to go in raising interest rates than the Federal Reserve, but ultimately won’t …
LISBON (Reuters) -The probability of the European Central Bank returning to 75 basis-point interest rate hikes is now “very low”, ECB Governing Council member Mario …
MANILA (Reuters) – The Philippines central bank will likely have to continue raising rates at its next two meetings to ensure inflation returns to within …
By Liang-sa Loh and Sarah Wu TAIPEI (Reuters) -Taiwan’s central bank on Thursday said it expects inflation to drop below 2% next year, which would …
By John Revill and Michael Shields BERN (Reuters) – Swiss National Bank Chairman Thomas Jordan said it was too early to “sound the all-clear” on …
(Corrects to add central bank as source of forecast in paragraph 6) BANGKOK (Reuters) -Thailand’s rate committee raised its key interest rate late last month …
By Yoruk Bahceli (Reuters) – Central banks are starting to slow aggressive rate rises but are far from done even as recession looms, leaving investors …
By Indradip Ghosh BENGALURU (Reuters) – The U.S. economy is heading into a short and shallow recession over the coming year, according to economists polled …
TORONTO (Reuters) – The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in …
OTTAWA, Dec 7 (Reuters) – The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest …
Walmart Eyeing Store Closures, Price Hikes Due To Rampant Theft Laurel Duggan on December 6, 2022 Walmart could face store closures and price increases due …
FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is …
By Ann Saphir (Reuters) – Federal Reserve Vice Chair of Supervision Michael Barr on Thursday signaled that he is among U.S. central bankers backing a …
By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China’s reopening, a Reuters …
MANILA (Reuters) – The Philippine central bank may pause its interest rate hikes in the first quarter of next year if there are “no major …
WARSAW (Reuters) – Further interest rate hikes in Poland in the current cycle may not be necessary if the economy moves in line with the …
BERLIN (Reuters) – Nearly all toy, food and stationery retailers in Germany plan to raise their prices with a view to the Christmas shopping season, …
(Reuters) – Richmond Federal Reserve Bank President Thomas Barkin on Monday said he supports moving to smaller interest-rate hikes in the central bank’s fight to …
DUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member …
WARSAW (Reuters) – The current level of Polish interest rates is having a positive impact on the economy and the Monetary Policy Council’s (MPC) pause …
By Gabriel Araujo MEXICO CITY (Reuters) – Mexico’s annual consumer prices slowed more than expected during the first half of November, but the core inflation …
By Balazs Koranyi and Karin Strohecker FRANKFURT (Reuters) – The Federal Reserve’s signalling of a slowdown in the pace of U.S. interest rate hikes takes …
LONDON (Reuters) – European Central Bank board member Isabel Schnabel pushed back on Thursday against calls from many of her colleagues for smaller interest rate …
FRANKFURT (Reuters) – European Central Bank policymakers feared that inflation may be getting entrenched at their last policy gathering so rates would need to rise …
BERLIN (Reuters) – The European Central Bank will certainly raise its interest rates considerably, though how far it ultimately goes will depend on how the …
FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European Central Bank but said there …
HELSINKI (Reuters) – The European Central Bank will continue to raise interest rates, and the pace of its hikes will be determined by the rate …
FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be …
FRANKFURT (Reuters) – The European Central Bank still has a “long way” to go before interest rates peak, as inflation could also take an extended …
FRANKFURT (Reuters) – The European Central Bank may slow the pace of interest rate hikes but should soon start running down its massive government debt …
By Wayne Cole SYDNEY (Reuters) -Australia’s jobless rate matched five-decade lows in October as employment climbed by double market forecasts, a sign it will take …
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to …
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on …
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes …
ZURICH (Reuters) – The Swiss National Bank could hike interest rates again to combat Swiss inflation which remains “too high”, SNB governing board member Andrea …
LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the central bank on Thursday was …
The Federal Reserve Hikes Rates Again As Inflation Rages On John Hugh DeMastri on November 2, 2022 The Federal Reserve announced an interest rate hike …
By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher pay in the first mass …
FRANKFURT (Reuters) – The European Central Bank shouldn’t be expected to match the Federal Reserve’s interest rate hikes, ECB policymaker Ignazio Visco said on Thursday, …
FRANKFURT (Reuters) – The European Central Bank should avoid raising interest rates too fast because that could excessively hurt economic growth, home prices and the …
MADRID (Reuters) – The European Central Bank “will need additional interest rate increases” to fight off inflation even considering the growing likelihood of a euro …
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank on Tuesday said further increases in interest rates would likely be needed to …
(Reuters) – National Australia Bank Ltd on Tuesday said it will hike its standard variable home loan interest rate by 25 basis points (bps) per …
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Many bond investors are playing it safe on the short end of the yield curve, even as Federal …
PARIS (Reuters) – Future interest rate increases by the European Central Bank will not necessarily be ‘jumbo’ increases as the one done yesterday, ECB member …
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of Australia will raise interest rates by a more modest 25 basis points for a second …
MEXICO CITY (Reuters) – Mexican distiller Becle, better known as the parent company of tequila brand Jose Cuervo, posted a 29.6% jump in third-quarter net …
LONDON (Reuters) – The European Central Bank delivered a second straight 75-basis-point interest rate hike on Thursday, the latest sign that major central banks are …
LONDON (Reuters) – The European Central Bank raised interest rates again on Thursday and signalled it was keen to start shrinking its bloated balance sheet, …