Peru’s annual inflation rate hits 24-year high in April
By Marco Aquino LIMA – Peru’s annual inflation rate hit 7.96% in April, its highest level in 24 years, as the copper-producing Andean nation grapples with protests over rising food…
By Marco Aquino LIMA – Peru’s annual inflation rate hit 7.96% in April, its highest level in 24 years, as the copper-producing Andean nation grapples with protests over rising food…
FRANKFURT -The European Central Bank’s first rate hike in over a decade is no big issue for the ECB and the question is rather how fast it should raise borrowing…
By Wayne Cole SYDNEY – Australia’s central bank is in a bind as it contemplates its first interest rate increase in more than a decade, with its decision set to…
FRANKFURT – The European Central Bank should raise interest rates soon and has room for up to three hikes this year, ECB policymaker Martins Kazaks told Reuters, joining a chorus…
By Kantaro Komiya TOKYO -Japan’s jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate since April 2020, although the number of furloughed workers remained high due to…
By Julie Gordon and Steve Scherer OTTAWA -The Bank of Canada will likely consider another half-percentage-point rate increase in its next policy decision, as “too-high” inflation potentially nears its peak,…
The national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020 While March…
(Reuters) – Cleveland Federal Reserve Bank President Loretta Mester on Friday pushed back against market expectations that the Fed will use outsized hikes to help bring down inflation, saying she…
WASHINGTON -The European Central Bank is likely to end its bond purchase scheme in early third quarter and raise rates before the end of the year, European Central Bank President…
(Reuters) – The U.S. Federal Reserve should proceed sensibly in raising interest rates as it waits to see if special factors pushing up inflation begin to recede, Chicago Federal Reserve…
(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said she supports getting the U.S. central bank’s benchmark overnight interest rate up to about 2.5% by the end…
By Amruta Khandekar (Reuters) – Hospitalization rates for unvaccinated children ages 5 to 11 were twice as high as among those who were vaccinated during the record COVID-19 surge caused…
SHANGHAI – The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S.…
(Reuters) – The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing principles and a rouble exchange rated determined by the market,…
SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to…
(Reuters) – Russia’s central bank sees room for an interest rate cut as weekly inflation is slowing, Deputy Governor Alexei Zabotkin said on Thursday, Interfax new agency reported. It will…
SHANGHAI/BEIJING – China’s central bank is set to step up monetary easing efforts, but a vast majority of market participants in a Reuters poll conducted on Thursday believe the central…
By Cynthia Kim and Joori Roh SEOUL – South Korea’s central bank raised its benchmark rate to the highest since August 2019 on Thursday in a surprise move as it…
By Liang-sa Loh TAIPEI -Taiwan central bank governor Yang Chin-long said on Wednesday inflation would slow by the third quarter and any rate rise decisions would depend on consumer price…
SYDNEY – A measure of Australian consumer sentiment slipped for a fifth straight month in April as rising inflation and the risk of higher interest rates weighed on family finances…
By Jorge Otaola BUENOS AIRES – Argentina’s central bank directors will meet on Wednesday to discuss a possible interest rate hike, a source with the bank told Reuters on Tuesday,…
China Stockpiling Nuclear Weapons At An Alarming Rate: REPORT Philip Lenczycki on April 9, 2022 China is racing to stockpile nuclear weapons capable of striking North America, The Wall Street…
LIMA – Peru’s central bank raised the country’s benchmark interest rate 50 basis points to 4.5% on Thursday, the highest since 2009, as authorities battle stubborn inflation that has sparked…
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said…
(Reuters) – The Russian finance ministry together with the central bank are working on measures to make the rouble exchange rate more predictable and less volatile, Finance Minister Anton Siluanov…