Asian FX bulls firm as investors bet on rates peaking; eye cuts ahead-Reuters poll
By Rishav Chatterjee (Reuters) – Bullish bets firmed on most emerging Asian currencies as expectations of an end to U.S. interest rate hikes triggered an easing in the greenback, boosting investors’ appetite…
Kashkari sees Fed’s target interest rate peaking at 5.4%
(Reuters) – The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it is sure that inflation has peaked, Minneapolis Fed President Neel Kashkari said…
Goldman Sachs sees Fed rates peaking at 5% in March – Bloomberg News
(Reuters) – Goldman Sachs Group Inc’s economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, 25 basis points above its earlier predictions,…
Sri Lanka central bank governor sees inflation peaking – Bloomberg News
(Reuters) – Sri Lanka Central Bank Governor Nandalal Weerasinghe thinks inflation in the island nation is peaking, with price rises likely to ease this month, Bloomberg News reported on Friday. “We think…
Israel’s central bank chief sees rates peaking at “3%-plus” while avoiding recession
By Steven Scheer JERUSALEM (Reuters) -Israel’s aggressive interest rate hiking cycle aimed at lowering inflation was at a “well advanced” stage, Bank of Israel Governor Amir Yaron said, with price pressures starting…
U.S. monkeypox cases may be peaking, experts say
By Julie Steenhuysen CHICAGO (Reuters) – Monkeypox cases in some large U.S. cities appear to be declining, matching trends seen in Europe, and experts are cautiously optimistic the outbreak may have peaked…
Column – U.S. manufacturing activity shows signs of peaking: Kemp
By John Kemp LONDON – U.S. manufacturing production probably peaked during the second quarter, though the data are noisy and conflicting, and a turning point may not become obvious until September or…
S.Korea fin min: inflation seen peaking by Sept-Oct
SEOUL – South Korean inflation is seen reaching its peak by September or October unless there are price surges again for such items as oil and grains, the country’s finance minister said…
Canadian inflation seen peaking at or above 6%; more rate hikes in the cards
By Julie Gordon and Fergal Smith OTTAWA – A commodities rally sparked by Russia’s invasion of Ukraine will push Canadian inflation higher for longer, with the headline rate now seen peaking at…
IMF’s Gopinath sees U.S. inflation peaking in Q1 -Reuters interview
WASHINGTON – The International Monetary Fund expects U.S. core inflation to peak in the first quarter, easing to 3.4% by the end of 2022 and dropping to the Federal Reserve’s average target…
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