Hungary central bank raises one-week deposit rate by 30 bps to 4.6%
BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two days after it raised its…
BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two days after it raised its…
ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the Russian rouble after Moscow launched…
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S. Federal…
LONDON – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Wednesday about their decision earlier this month to raise…
– Poland’s registered unemployment rate rose to 5.5% in January compared with 5.4% in December, statistics office data showed on Wednesday, below analysts’ expectations of 5.6%. The statistics office also…
A look at the day ahead in markets from Dhara Ranasinghe. The Ukraine crisis may be tempering the most aggressive rate hike bets but New Zealand’s latest interest rate rise…
By Devayani Sathyan and Tushar Goenka BENGALURU – The Bank of Korea will leave rates on hold on Thursday after back-to-back hikes at the previous two meetings, according to economists…
– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March with a half percentage point…
BERLIN – Improving demand for services pushed business activity across Germany’s private sector to a six-month high in February, and while manufacturing lagged due to COVID-19 infections among staff the…
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a…
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a…
FRANKFURT – The European Central Bank does not have to stick to a fixed size or frequency of interest rates hikes as these will depend on inflation, the bank’s chief…
LONDON – Financing conditions have tightened for emerging markets both domestically and externally but they are better prepared to handle the U.S. Federal Reserve’s upcoming monetary tightening policy cycle, ratings…
By Nelson Bocanegra BOGOTA – Inflation estimates for Colombia this year rose and predictions of interest rate rises quickened among analysts polled in a central bank survey. The 40 analysts…
By Julie Gordon and Ismail Shakil OTTAWA -Canada’s annual inflation rate accelerated again in January to hit a fresh 30-year high at 5.1%, as food and housing costs continued to…
(Corrects day of the week in first paragraph) TOKYO – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs Agency survey showed on Wednesday,…
By Shrutee Sarkar BENGALURU – The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according…
By Gertrude Chavez-Dreyfuss NEW YORK – U.S. short-term interest rate futures on Monday reflected a reduced chance of an interest rate increase by the Federal Reserve before its two-day March…
– Being too “abrupt and aggressive” with interest rate increases could be counter-productive to the Federal Reserve’s goals, San Francisco Federal Reserve Bank President Mary Daly said on Sunday, signaling…
From the Desk of Governor Larry Hogan ANNAPOLIS, MD—Governor Larry Hogan today announced that the state’s COVID-19 positivity rate has dropped below 5%—another critical milestone as Maryland’s health metrics continue…
HONG KONG -Goldman Sachs said it expects seven 25 basis point interest rate rises from the U.S. Federal Reserve this year, up from its previous forecast of five and updating…
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears like a no-brainer after the…
By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly large jump in U.S. consumer…
By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual half-of-a-percentage point increment, but does…
By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month’s meeting after hawkish…