By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will raise the cash rate by another half-point on Tuesday to curb soaring inflation but will moderate the pace of hikes …
tightening
-
- Financial News
Goldman sees Powell sticking to July tightening message at Jackson Hole
by Reutersby Reuters(Reuters) – Goldman Sachs said on Tuesday it expects Federal Reserve Chair Jerome Powell to reiterate the case for slowing the pace of tightening, when he speaks at the annual …
- Financial News
S. Korea central bank member affirms tightening outlook, notes downside risks
by Reutersby ReutersSEOUL – A South Korean central-bank board member affirmed on Wednesday that interest rates should rise further but added that increases should be gradual, since downside risks to both exports …
- Financial News
Analysis-NZ central bank’s aggressive tightening raise concerns it may go too far
by Reutersby ReutersBy Lucy Craymer WELLINGTON – New Zealand’s central bank is expected to deliver this week a third straight half-point rate hike in its most aggressive policy tightening in over two …
-
By Pratima Desai LONDON – Recession worries and consumer belt tightening have hit demand for electronic goods, which is feeding through to weaker consumption of soldering metal tin, but output …
- Financial News
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
by Reutersby ReutersSHANGHAI – About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank …
-
TORONTO – The Canadian dollar weakened against its U.S. counterpart on Thursday as oil prices fell and interest rate hikes by central banks around the world added to investor worries …
- Financial News
Czech central banker flags potential stronger rate tightening -paper
by Reutersby ReutersPRAGUE -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 …
- Financial News
Polish central bank expected to keep up pace of policy tightening – Reuters poll
by Reutersby ReutersBy Alan Charlish WARSAW – Poland’s central bank is expected to raise its main interest rate by 75 basis points to 6.00% on Wednesday, a Reuters poll showed, as it …
-
NEW YORK – The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration and inflation subsides, BofA strategists said on Thursday, a day …
- Financial News
Swiss National Bank chairman says global monetary policy moving into tightening phase – magazine
by Reutersby ReutersZURICH – Global monetary policy is moving into a new phase of higher interest rates to combat resurgent inflation, Swiss National Bank Chairman Thomas Jordan told Bilanz magazine in an …
- Financial News
Thailand has no need to follow Fed’s tightening -central bank chief
by Reutersby ReutersBy Kitiphong Thaichareon and Orathai Sriring BANGKOK – Thailand has no need to raise interest rates following the Federal Reserve’s hikes in U.S. rates as domestic factors and the economic …
-
By Md Manzer Hussain BENGALURU – The Philippine central bank will kick off its tightening cycle on Thursday, much earlier than previously thought, joining peers around the world in a …
- Financial News
Asia FX bearish bets firm as cenbanks catch-up to Fed tightening- Reuters poll
by Reutersby ReutersBy Indranil Sarkar (Reuters) – Bearish bets on most Asian currencies firmed, a Reuters poll found on Thursday, as several regional central banks trail the U.S. Federal Reserve in tightening …
- Financial News
BOK governor nominee flags further policy tightening, but at more sedate pace than Fed
by Reutersby ReutersBy Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary policy, but suggested the pace …
- Financial News
Fed’s Harker: “methodical” policy tightening designed to avert recession
by Reutersby Reuters(Reuters) – The U.S. Federal Reserve aims to tighten monetary policy in a methodical way that keeps the economic expansion intact, Philadelphia Federal Reserve President Patrick Harker said on Wednesday. …
- Financial News
Philippines central bank to start tightening in Q4, earlier hike possible – Reuters poll
by Reutersby ReutersBy Shaloo Shrivastava and Devayani Sathyan BENGALURU – The Philippines central bank will leave policy on hold at Thursday’s meeting to support a nascent recovery, despite a recent U.S. Federal …
- Financial News
Analysts see Brazil central bank ending monetary tightening at 13% this year
by Reutersby ReutersBRASILIA – Brazil’s central bank will wrap up its monetary tightening with rates at 13% this year, according to a weekly survey of private economists on Monday, which showed the …
-
A look at the day ahead in markets from Julien Ponthus. There’s arguably little central banks can do to tame surging energy and commodity prices other than try to limit …
- Financial News
IMF says Fed tightening appropriate, adds to risks for emerging markets
by Reutersby ReutersWASHINGTON – The U.S. Federal Reserve is acting “appropriately” to tighten monetary policy and signal a higher future rate path, but the policy shift does bring risks for emerging market …
-
By Ann Saphir – Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months ago, getting them to about …
- Financial News
Analysis-U.S. yield curve prices for Fed tightening, shows fears of policy error
by Reutersby ReutersBy Karen Brettell NEW YORK – A dramatic flattening in key parts of the U.S. Treasury yield curve is reflecting worries that the Federal Reserve has been too slow to …
- Business News
Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says
by Reutersby ReutersFRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well as labour are resolved, the …
- Business News
Analysis-Investors eye uncharted waters as quantitative tightening looms in Canada
by Reutersby ReutersBy Fergal Smith TORONTO – As the Bank of Canada prepares to shrink its bloated balance sheet, investors say the move could enable expected interest rate hikes to have more …
- Business News
Central banks to embark on “largest quantitative tightening in history” – Morgan Stanley
by Reutersby ReutersLONDON – The world’s top central banks are about to embark on “the largest quantitative tightening in history”, analysts at Morgan Stanley said on Friday, estimating that $2.2 trillion worth …