Three Fed bank boards wanted smaller discount rate hike
(Reuters) – Directors at three of the Federal Reserve’s 12 regional banks supported a smaller increase in a key emergency borrowing rate than the 75-basis point rate hike the U.S.…
(Reuters) – Directors at three of the Federal Reserve’s 12 regional banks supported a smaller increase in a key emergency borrowing rate than the 75-basis point rate hike the U.S.…
DUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member Gabriel Makhlouf was quoted as…
LONDON (Reuters) – European Central Bank board member Isabel Schnabel pushed back on Thursday against calls from many of her colleagues for smaller interest rate increases by the ECB, saying…
FRANKFURT (Reuters) – Bundesbank President Joachim Nagel opened the door on Tuesday to smaller interest rate increases by the European Central Bank but said there was still a long way…
(Reuters) -The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions to help bring down high inflation while keeping the…
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75 basis-point-hikes decided at its last two meetings, policymaker Mario Centeno…
FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be smaller than the most recent…
Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns of falling housing prices hurting…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Many bond investors are playing it safe on the short end of the yield curve, even as Federal Reserve officials have started to…
By Julie Gordon OTTAWA (Reuters) -Canada’s economy grew slightly more than expected in August and most likely stayed in positive territory through the summer, official data showed on Friday, a…
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Gol on Thursday reported a narrower third-quarter net loss on a yearly basis even as it was heavily hit by currency swings…
BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease…
By Howard Schneider WASHINGTON (Reuters) – The lack of clear progress on inflation means the Federal Reserve needs “moderately restrictive” interest rates that should reach a level between 4.25% and…
By Sabine Siebold and Sarah Marsh BERLIN (Reuters) – Russia has suffered significant troop and equipment losses in Ukraine and the impact of Kyiv’s latest counter-offensive may reveal Moscow’s military…
(Reuters) – The National Institutes of Health said on Thursday it had started enrollments in a trial testing an alternative method of administering Bavarian Nordic’s monkeypox vaccine, Jynneos, which requires…
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators’ plan to make Alphabet’s Google, Meta and Netflix bear some of the costs of the bloc’s telecoms network would distort the…
BEIJING – China may start a pilot program in six provinces to further speed up the disposal of bad loans by local small- and medium-sized banks, financial news media outlet…
(Reuters) – German online takeaway food company Delivery Hero on Friday forecast a smaller loss for the year as it shifts its focus more firmly to profitability in the improving…
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help supplement the capital of small…
BEIJING – Risks in China’s medium-sized and small banks are generally under control despite some individual banks having engaged in criminal activities, the vice chairman of the country’s banking and…
By David Shepardson WASHINGTON – The White House and philanthropic agencies are working to make it easier for smaller cities and counties to apply for funding under a $1 trillion…
By Praveen Paramasivam (Reuters) – Niche U.S. packaged-food brands facing a funding crunch are emerging as attractive targets for bigger players such as Kraft Heinz and Mondelez, which are looking…
By Nick Carey LONDON – Commercial electric vehicle (EV) startup Volta Trucks on Tuesday unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for…
By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead…
By Medha Singh and Lisa Pauline Mattackal – Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. The original digital coin was assailed by thousands of…