By William Schomberg LONDON – Bank of England Chief Economist Huw Pill said on Friday that interest rates would remain the central bank’s main monetary policy tool as it prepares …
Policy
-
-
Financial News
Analysis: Swiss policy pivot signals exit for big stock and bond investor
by Reutersby ReutersBy Yoruk Bahceli, Saikat Chatterjee and Tommy Wilkes LONDON – From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose …
-
Featured NewsTop HeadlinesUS and World News
Chicago Criminals Encouraged To Make A Run For It With New Police Policy
Chicago Criminals Encouraged To Make A Run For It With New Police Policy Blake Mauro on June 22, 2022 The City of Chicago has implemented a new policy that prohibits …
-
Top HeadlinesUS and World News
Swimming-Trans athlete Ivy slams FINA policy as ‘unscientific’
by Reutersby ReutersBy Shrivathsa Sridhar BENGALURU – Transgender cyclist Veronica Ivy questioned the move by swimming’s governing body FINA to restrict the participation of trans athletes in elite women’s competitions, telling Reuters …
-
Financial News
Japan PM Kishida backs BOJ ultra-easy policy while yen worries mount
by Reutersby ReutersBy Tetsushi Kajimoto and Leika Kihara TOKYO -Japanese Prime Minister Fumio Kishida said on Tuesday the central bank should maintain its ultra-loose monetary policy, brushing aside opposition calls that the …
-
Financial News
Australia central bank sees need to normalise policy in inflation fight
by Reutersby ReutersSYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative and it needed to be …
-
Financial News
Fed policy needs to be more ‘muscular’ to battle high inflation -Bostic
by Reutersby Reuters(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, adding that supply chain fixes …
-
Financial News
Fed’s George feared 75-basis-point rate hike added to ‘policy uncertainty’
by Reutersby Reuters(Reuters) – Kansas City Federal Reserve President Esther George on Friday said she dissented against the U.S. central bank’s three-quarters-of-a-percentage-point interest rate increase this week because she “viewed that move …
-
Financial News
Tesla India policy executive quits after company puts entry plan on hold -sources
by Reutersby ReutersBy Aditi Shah and Aditya Kalra NEW DELHI – A key executive who was leading Tesla’s lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold …
-
Financial News
New Zealand central bank says liquidity policy review receives support
by Reutersby Reuters(Reuters) – The Reserve Bank of New Zealand said on Tuesday that the first stage of the central bank’s review on its liquidity policy had received broad support. The purpose …
-
TOKYO – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank must maintain ultra-loose monetary policy to reflate the economy and achieve higher wages. Kuroda, however, told …
-
Financial News
Taiwan central bank set to raise policy rate as inflation hits 10-year high- Reuters poll
by Reutersby ReutersTAIPEI – Taiwan’s central bank is likely to raise its policy rate again this week, according to all economists polled by Reuters, to help fend off inflation now at an …
-
Financial News
Philippines’ central bank policy not tied to Fed decisions, says governor
by Reutersby ReutersMANILA – The Philippine central bank’s monetary policy actions are not tied to the decisions of the United States’ Federal Reserve, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said on …
-
Top HeadlinesUS and World News
U.S. judge blocks Biden administration policy narrowing immigration enforcement
by Reutersby Reuters(Reuters) – A U.S. federal judge on Friday threw out a Biden administration directive narrowing who can be targeted by immigration agents for arrest and deportation, siding with officials in …
-
TAIPEI – The United States understands Taiwan’s exchange rate policy stance and the two sides have “good” communication, a Taiwanese central bank official said on Friday, after the U.S. Treasury …
-
Financial News
Polish central bank expected to keep up pace of policy tightening – Reuters poll
by Reutersby ReutersBy Alan Charlish WARSAW – Poland’s central bank is expected to raise its main interest rate by 75 basis points to 6.00% on Wednesday, a Reuters poll showed, as it …
-
Financial News
China central bank to step up policy implementation to support economy
by Reutersby ReutersBEIJING -China’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, vice governor Pan Gonsheng said on Thursday. The People’s …
-
Financial News
BOJ must maintain easy policy until wages rise more, says deputy gov Wakatabe
by Reutersby ReutersBy Leika Kihara TOKYO -The Bank of Japan must maintain its massive monetary stimulus as inflation has yet to sustainably achieve its 2% target, deputy governor Masazumi Wakatabe said on …
-
Financial News
China’s lending policy could trigger new debt crisis – Germany’s Scholz
by Reutersby ReutersBERLIN – A lack of transparency in China’s lending poses a threat to developing and emerging countries and could trigger a new debt crisis, German Chancellor Olaf Scholz said on …
-
NEW YORK – The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration and inflation subsides, BofA strategists said on Thursday, a day …
-
Financial News
Kuroda says BOJ can achieve smooth exit from loose money policy
by Reutersby ReutersBy Leika Kihara TOKYO – Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so …
-
Financial News
Swiss National Bank chairman says global monetary policy moving into tightening phase – magazine
by Reutersby ReutersZURICH – Global monetary policy is moving into a new phase of higher interest rates to combat resurgent inflation, Swiss National Bank Chairman Thomas Jordan told Bilanz magazine in an …
-
(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to lift its target interest rate to about 2% by August, …
-
BRUSSELS – Euro zone finance ministers agreed on Monday they would gradually shift their fiscal policies from supportive this year to neutral in 2023, the chairman of the ministers Paschal …
-
Featured NewsTop HeadlinesUS and World News
Federal Judge Blocks Biden From Ending Trump-Era Border Policy
Federal Judge Blocks Biden From Ending Trump-Era Border Policy Jennie Taer on May 20, 2022 A federal judge ruled Friday that the Biden administration’s move to end Title 42, the …