Bond issuance spree as U.S. companies rush before more rate hikes
By Shankar Ramakrishnan and Matt Tracy (Reuters) – Companies with the highest credit ratings in the world are engaged in a now-or-never U.S. dollar bond …
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Fed’s Collins: ‘more to do’ on U.S. interest rate hikes
(Reuters) – Boston Federal Reserve Bank’s new President Susan Collins, in her first media interview since starting the job this summer, said that bringing inflation …
Argentina hikes biofuel prices for domestic market
(Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. …
Australia’s central bank hikes by 50 bps, signals more ahead
SYDNEY (Reuters) – Australia’s central bank raised its cash rate 50 basis points to 2.35% on Tuesday and left the door open for more tightening …
Malaysia central bank to deliver two more 25-bp rate hikes this year
By Devayani Sathyan (Reuters) – Malaysia’s central bank will deliver a third consecutive 25 basis point interest rate hike on Thursday and a fourth in …
Rate hikes unlikely to dent housing demand in India, Bengaluru to lead price rises – Reuters poll
By Arsh Tushar Mogre BENGALURU (Reuters) – The buoyant outlook for India’s housing market has barely changed in the last three months despite the Reserve …
Polish c.banker Kochalski sees room for more rate hikes -PAP
WARSAW (Reuters) -There is room for further rate hikes in Poland, but smaller ones than there have been up until now, Polish central banker Cezary …
Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says
WASHINGTON (Reuters) – The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new data shows inflation “clearly” slowing, …
ECB’s Knot says he favors large rate hikes -NOS interview
AMSTERDAM (Reuters) -Klaas Knot, a member of the European Central Bank’s governing council, said in an interview with Dutch national broadcaster NOS on Friday that …
After “aggressive” hikes, Brazil cenbank must stay vigilant, says head
BRASILIA (Reuters) – Brazil’s central bank has been “quite aggressive” in raising interest rates, with much of that policy shift still to impact the economy, …
Mexico cenbank to evaluate magnitude of rate hikes based on prevailing conditions, minutes show
MEXICO CITY (Reuters) – Minutes from Mexico’s central bank Aug. 11 monetary policy meeting published Thursday underscored the possibility of interest rate hikes at future …
India’s robust growth gives RBI room for more rate hikes – DBS
MUMBAI (Reuters) – India’s strong growth offers room for the Reserve Bank of India to raise rates by another 60 basis points as the central …
Australia’s Treasury Wine posts higher profit on U.S. sales, price hikes
(Reuters) – Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset …
Argentina hikes interest rate again as inflation hits 20-year high
By Walter Bianchi BUENOS AIRES – Argentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to …
Thai banks urged to freeze rates even if cbank hikes policy rate-Finance Minister
BANGKOK – Thailand’s commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister …
Fed’s Bowman: more 75 basis-point hikes should be on the table
By Lindsay Dunsmuir (Reuters) – The U.S. Federal Reserve should consider more 75 basis-point interest rate hikes at coming meetings in order to bring high …
Toronto home prices fall for fifth month as ‘significant’ rate hikes dent sentiment
TORONTO – Home prices in the Greater Toronto Area (GTA) fell for the fifth straight month in July, as rapidly rising interest rates further doused …
Philippine central bank to continue supporting economic recovery despite rate hikes
MANILA – The Philippine central bank will continue supporting the economy’s recovery despite a planned 25 or 50 basis point rate hike this month, its …
Mexican manufacturing tumbles as price hikes bite
MEXICO CITY – Mexico’s manufacturing sector declined in July, with demand for the country’s goods hit by inflation after a long pandemic-driven downturn, a survey …
The U.S. economy is shrinking. The Fed’s rate hikes may have only just begun to bite
By Ann Saphir and Lindsay Dunsmuir (Reuters) – The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day …
Bank of Canada rate hikes to sting many home equity borrowers
By Nichola Saminather TORONTO – Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values …
ECB’s Kazaks says big hikes may not be over after July move – Bloomberg
(Reuters) – The European Central Bank (ECB) may not be done with big interest rate hikes after its initial half-point hike last week, Latvian central …
Nepal central bank hikes policy rate, warns of pressure on FX reserves
By Gopal Sharma KATHMANDU -Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, …
Publicis hikes full-year guidance on ‘all-time high’ semester
(Reuters) – Publicis, the world’s third-biggest advertising group, raised its full-year guidance after beating first-half organic revenue growth and core profit margin expectations on Thursday. …
New Zealand’s inflation hits 3-decade high, raising bets on sharper rate hikes
By Lucy Craymer WELLINGTON -New Zealand’s consumer prices rose at their fastest pace in three decades, beating forecasts and raising the prospect of an unprecedented …
Bank of Canada rate hikes and policy moves
OTTAWA – The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since …
Bank of Canada again hikes inflation forecast, eyes slower growth but no recession
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday dramatically upped its near-term inflation forecasts and said there was an increased risk of higher …
Fed’s Williams: After fast rate hikes this year, uncertainty over what’s next
MAYAGUEZ, Puerto Rico – The Federal Funds rate will need to rise as high as 3.5% by the end of the year but what follows …
Peru again hikes key interest rate in bid to tame inflation
LIMA – Peru’s central bank boosted borrowing costs on Thursday with a 12th consecutive hike of its key interest rate to reach 6.0%, as the …
RBNZ ‘on a roll’, to deliver two more 50 bps rate hikes in a row: Reuters poll
By Devayani Sathyan BENGALURU – The Reserve Bank of New Zealand will deliver a third successive half-point interest rate hike on Wednesday and a fourth …
Fed needs to be aggressive on rate hikes, risk economic harm – Waller
(Reuters) – The U.S Federal Reserve needs to maintain focus on bringing down high inflation even if it runs the risk of causing economic harm, …
Speed up rate hikes to stop sticky inflation, BoE’s Mann says
By David Milliken LONDON -Central banks should move quickly when raising interest rates, because of the risk that persistent inflationary trends may be taking hold, …
Analysis-‘Oil to the fire’: Poles face more rate hikes as government keeps cash flowing
By Alan Charlish and Pawel Florkiewicz WARSAW – Hopes that the Polish central bank’s monetary policy tightening cycle may be nearing its end could be …
Romanian government plans tax hikes to boost budget
BUCHAREST – Romania’s coalition government plans a series of tax rises from next year, including increasing dividend and property taxes, which are expected to boost …
Philippine inflation near 4-year high, cements prospect of more rate hikes
By Enrico Dela Cruz and Karen Lema MANILA – Philippine inflation surged to the highest level in nearly four years in June, cementing expectations for …
Another inflation record firms case for bigger ECB rate hikes
FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming …
Incoming Philippine central bank governor not ruling out more rate hikes
MANILA – Incoming Philippine central bank governor Felipe Medalla said on Wednesday he was not ruling out further interest rate hikes to combat above-target inflation …
Banking body BIS urges decisive wave of global rate hikes to stem inflation
By Marc Jones LONDON – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised …
Euro zone business growth slumped in June as price hikes bite
LONDON – Euro zone business growth has slowed significantly this month – and by much more than expected – as consumers concerned about soaring bills …
Bank of Korea raises inflation forecasts, will review ‘big step’ hikes
By Cynthia Kim and Jihoon Lee SEOUL – South Korea’s central bank on Tuesday said it expects inflation will be higher than earlier projected and …
GM hikes Hummer EV price by over $6,000 as commodity, shipping costs rise
(Reuters) – General Motors Co on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity …
Fed’s Kashkari: ‘prudent’ to use 50 bps hikes after July
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week …
ECB’s Knot says several 50 bps rate hikes possible if inflation worsens
BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate …
Analysis-Bank of England keeping its options open for future rate hikes
By William Schomberg LONDON – The Bank of England has kept investors guessing about whether it is part of the pack of central banks signalling …
Analysis-Investors say Asia a safe place as Fed hikes but premature to jump in
By Rae Wee and Alun John SINGAPORE/HONG KONG – Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged …
Thailand to go slow with rate hikes as pandemic drag lingers
By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK – A shift by Thailand’s central bank to a more hawkish footing this week stunned markets and appeared …
Philippine banana growers plead for Japanese consumers to bear price hikes
TOKYO – The Philippines on Wednesday appealed directly to consumers in its top export market Japan to pay higher prices for imported bananas to help …
Fed hikes won’t sway dollar unless pace much faster than forecast-BOJ’s Kuroda
TOKYO – Bank of Japan Governor Haruhiko Kuroda said dollar moves may not be affected much by U.S. interest rate hikes unless the pace is …
Liquidity withdrawal expected as India cenbank hikes rates on Wednesday
By Swati Bhat MUMBAI – Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to …
Fed’s Mester: more rate hikes ahead in ‘painful’ battle with inflation
(Reuters) – The Federal Reserve needs to raise rates by a half-of-a-percentage point at each of its next two meetings, and then assess if inflation …