ECB sees sequence of moves to lift rates into positive territory: Lane
FRANKFURT -The European Central Bank is preparing for a sequence of rate hikes that will put its benchmark rate in positive territory, but the path it takes is more important…
FRANKFURT -The European Central Bank is preparing for a sequence of rate hikes that will put its benchmark rate in positive territory, but the path it takes is more important…
By William Schomberg and David Milliken LONDON, May 5 – The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation now…
By Victoria Klesty and Gwladys Fouche OSLO – Norway’s central bank kept interest rates on hold on Thursday as widely expected and restated its plan to raise the cost of…
By Davide Barbuscia NEW YORK – A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is succeeding in tightening some financial…
FRANKFURT -The European Central Bank may need to raise interest rates as soon as July to stop “extremely high” inflation from getting entrenched, ECB board member Isabel Schnabel told German…
(Reuters) – Russia’s inflation this year could be lower than previously expected thanks to a recovery in the rouble, which should give the central bank room to cut interest rates…
OSLO – Norwegian interest rates are set to rise amid strong domestic growth and a buildup of pressure in the economy, but the the war in Ukraine also raises uncertainty…
OSLO – Norway’s central bank will keep its benchmark interest rate on hold next week at 0.75% while confirming plans for a hike in June, a Reuters poll showed on…
NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a deceleration in China’s growth, are…
By Kannaki Deka and Abhijith Ganapavaram (Reuters) – U.S. homebuilders will likely find it harder to raise home prices in the coming months as rising mortgage rates and inflation cut…
By Joseph White and Paul Lienert DETROIT – General Motors Co and Ford Motor Co will report first-quarter results this week in an environment that has become more hostile than…
TOKYO – Japan’s former Prime Minister Shinzo Abe said it would be “clearly wrong” for the Bank of Japan to raise interest rates to curb further declines in the yen,…
By Leika Kihara TOKYO – The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major tweaks to its dovish policy guidance, as…
SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned…
By Mrinalika Roy (Reuters) – Child vaccination rates in the United States fell during the COVID-19 pandemic as many children skipped doctors appointments and states eased vaccine requirements during remote…
(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) – The average interest rate on the most popular U.S. home loan climbed to a 12 year high last week and fewer homebuyers sought properties in a sign that…
SHANGHAI – Benchmark lending rates for China’s commercial banks are likely to be lowered at a monthly fixing on Wednesday, a Reuters survey showed, as Beijing cautiously eases monetary conditions…
(Reuters) – U.S. inflation is “far too high,” St. Louis Federal Reserve Bank President James Bullard said on Monday as he repeated his case for increasing interest rates to 3.5%…
By Lucia Mutikani WASHINGTON – Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out…
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S.…
WELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New…
(Reuters) – The U.S. Federal Reserve should quickly get interest rates up to a level where borrowing costs will no longer be stimulating the economy, and should raise them further…
By Shaloo Shrivastava BENGALURU – The Bank of Korea is likely to stand pat at its meeting this week as its committee awaits the appointment of a new governor, but…
By Caroline Valetkevitch NEW YORK – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for the upcoming U.S. earnings season,…