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 “quickly and decisively” to prevent…
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said another 75 basis point interest rate hike in July is her “starting point,” though if the economy…
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Wednesday signaled he would likely back another big interest rate hike in July unless inflation data improves,…
By David Milliken and Andy Bruce LONDON – The Bank of England’s monetary policy must focus on its main goal of controlling inflation, rather than trying too hard to stabilise…
(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…
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 hikes if inflation continues to…
KYIV – The European Central Bank will inevitably raise interest rates more slowly than the U.S. Federal Reserve given the different economic circumstance in the euro zone, Italian Prime Minister…
By William Schomberg LONDON – The Bank of England has kept investors guessing about whether it is part of the pack of central banks signalling further big increases in interest…
HONG KONG – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city’s central bank raising the base rate.…
NEW YORK – The U.S. dollar extended its gains on Wednesday, after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive…
SHANGHAI – China’s central bank is expected to keep unchanged for a fifth straight month on Wednesday the borrowing costs on its medium-term policy loans, a Reuters survey of 31…
KYIV – Ukraine’s central bank said the situation in the war with Russia will determine whether its key interest rate can be cut from the current level of 25% or…
TAIPEI – 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…
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…
LONDON – A think-tank has estimated that British taxpayers are facing an 11-billion-pound ($13.7 billion) hit after finance minister Rishi Sunak failed to heed its advice on how to manage…
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 to finally end policymakers’ tolerance…
LIMA – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as authorities in the copper-producing Andean nation…
By Gabriel Araujo and Jackie Botts MEXICO CITY – Mexican inflation rose faster than expected in May, data from the INEGI national statistics agency showed on Thursday, prompting bets the…
By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters estimated, as the central bank…
By Nevzat Devranoglu ANKARA -Turkey’s lira tumbled more than 2% against the U.S. dollar on Wednesday and its bonds dropped sharply as worries grew over a surge in inflation and…
(Reuters) – The Russian central bank is expected to cut its key interest rate by 100 basis points to 10% on Friday as it tries to make lending more affordable…
(Reuters) – BofA Securities now expects the European Central Bank to hike interest rates by 150 basis points this year including 50 bps moves in July and September, it said…
PRAGUE -The Czech National Bank might be forced to raise interest rates by more than its current course suggests if a dovish majority is created on its board, board member…
(Reuters) – The Federal Reserve is likely to continue tightening monetary policy beyond the half percentage point interest rate hikes expected at each of its next two meetings, two policymakers…
(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 has moderated enough to slow…