News
Fed’s Jefferson sees risks to both employment, inflation
5+ hour, 47+ min ago (334+ words) April 7 (Reuters) " Federal Reserve Vice Chair Philip Jefferson on Tuesday reiterated his view that short-term borrowing costs are set appropriately to allow the central bank to "respond as needed to the uncertain effects of rising energy "prices and the conflict…...
China to maintain appropriately loose monetary policy
1+ week, 17+ hour ago (141+ words) BEIJING, March 31 (Reuters) - China's central bank pledged on "Tuesday to "maintain appropriately loose monetary policy, while noting growing impacts from "changes "in "the external environment. China's "economy is broadly stable but still faces challe... China to maintain appropriately loose monetary…...
ECB’s new models may help capture shifts in inflation expectations, blog post says
1+ week, 18+ hour ago (271+ words) FRANKFURT, March 31 (Reuters) " The European Central Bank has developed models to more closely monitor shifts in inflation expectations, it said in a blog "post on Tuesday, a potentially crucial innovation "as policymakers study whether surging energy prices would require rate…...
Euro zone inflation surges past ECB target on oil shock
1+ week, 18+ hour ago (471+ words) FRANKFURT, March 31 (Reuters) " Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, heightening a policy dilemma as expensive energy is a drag on growth but also risks generating a "self-reinforcing…...
ECB’s Nagel says April rate hike ‘an option’
1+ week, 5+ day ago (361+ words) FRANKFURT, March 26 (Reuters) " The European Central Bank has "an option" to raise interest rates at its next meeting if war in the Middle East raises the spectre of an inflation surge "in the euro zone, ECB policymaker Joachim Nagel told…...
UK inflation holds at 3% in February ahead of likely Iran war jump
1+ week, 6+ day ago (614+ words) By David Milliken and Andy Bruce LONDON, March 25 (Reuters) " British consumer price inflation held at 3.0% in February, unchanged from January's rate, official figures showed on Wednesday, ahead of a likely upward lurch as war in the Middle East pushes up…...
UK business growth weakest since September as Iran war drives up costs, survey shows
2+ week, 18+ hour ago (495+ words) LONDON, March 24 (Reuters) " British business activity grew at the slowest pace in six months in March as conflict in the Middle East triggered the biggest month-on-month acceleration in manufacturers" input costs since 1992, according to a survey released on Tuesday. The…...
India’s private sector growth hits 3-year low as Middle East war saps demand
2+ week, 22+ hour ago (432+ words) BENGALURU, March 24 (Reuters) " India's private sector expanded at its weakest pace in over three years in March as price shocks from the U.S.-Israeli war on Iran dampened domestic demand, yet international orders hit a record high, "a survey showed on…...
Morning Bid: Hawkish rate repricing halts the dollar’s rally
2+ week, 4+ day ago (424+ words) After a remarkable rally in the face of the ongoing U.S.-Israel war on Iran, the dollar has finally toppled from its peak. But that's only "because of the sea change in global rate expectations brought about by "the surge in…...
China’s industrial output, retail sales growth beat expectations in January-February
3+ week, 2+ day ago (104+ words) BEIJING, March 16 (Reuters) " China's industrial output grew 6.3% "in January-February from "the same period a year earlier, accelerating from the 5.2% "pace "in December, "official data showed "on Monday. The data released by the National Bureau of "Statistics (NBS) beat expectations for…...