News
BOJ to hike policy rate to 1% by end-June, sooner than forecast before election
1+ hour, 3+ min ago (544+ words) TOKYO, Feb 19 (Reuters) " The Bank of Japan is likely to raise its key interest rate to 1% by end-June, according to a majority of economists polled by Reuters, with some expecting a move as soon as April because of mounting concerns…...
Japan PM faces challenges selling ‘proactive’ fiscal policy to bond vigilantes
2+ hour, 9+ min ago (820+ words) TOKYO, Feb 19 (Reuters) " Japanese Prime Minister Sanae Takaichi will likely seek to convince markets her "proactive" fiscal policies aren't as expansionary as they seem, as legislative deliberations on her flagship spending and tax cut plans kick off next week. But…...
New Zealand’s central bank done easing policy but risks are on both sides, top official says
3+ hour, 10+ min ago (144+ words) SYDNEY, Feb 19 (Reuters) - New Zealand's central bank is "done cutting "interest rates but there are risks on either side as "policymakers "gauge the "strength of "the consumer recovery and the path of inflation, said a "top official on Thursday. Karen......
Dollar perks up as Fed appears in no rush to cut rates
5+ hour, 2+ min ago (535+ words) SINGAPORE, Feb 19 (Reuters) " The dollar was off recent lows on Thursday and hanging on to a bounce after minutes from the Federal Reserve showed policymakers did not seem to be in a rush to cut interest rates and that several…...
UK retailers’ labour cost fears jump after reforms, survey shows
5+ hour, 5+ min ago (393+ words) LONDON, Feb 19 (Reuters) " British retailers have grown markedly more anxious about rising labour costs over the next year after new employment rights began to be implemented, a trade body survey of finance chiefs "showed on Thursday. Prime Minister Keir Starmer's…...
New Zealand’s central bank sees inflation slowing but ready to act if outlook changes
7+ hour, 13+ min ago (387+ words) WELLINGTON, Feb 19 (Reuters) " New Zealand's central bank believes inflation will slow back to target this quarter, its governor said on Thursday, but stands ready to tighten policy sooner should a stronger "economy encourage firms to raise prices more broadly. The…...
Fed says last month’s ‘rate checks’ were at Treasury’s request
8+ hour, 13+ min ago (258+ words) Feb 18 (Reuters) - The U.S. central bank on Wednesday confirmed it had asked dealers last month for "quotes on dollar/yen rates at "the behest of the U.S. Treasury,an unusual move that strengthened the stubbornly weak yen and put investors on alert…...
Factbox-ECB opens up euro lifeline in bid to boost global role
4+ day, 12+ hour ago (558+ words) FRANKFURT, Feb 14 (Reuters) " The European Central Bank is opening its euro lifeline to nearly all foreign countries to boost the single currency's global role amid geopolitical turmoil and fraying alliances. The ECB said on Saturday that potentially "all central banks…...
Nomura drops April India rate‑cut call on firmer inflation, RBI ‘stealth easing’
5+ day, 22+ hour ago (282+ words) MUMBAI, Feb 13 (Reuters) " Nomura no longer expects India's central bank to cut rates in April, it said on Friday, as inflation is "expected to rise and given the "stealth" policy "easing that has already taken place. This comes after India…...
Malaysia’s economy grows at fastest pace in 3 years in 2025, exceeding expectations
5+ day, 23+ hour ago (541+ words) KUALA LUMPUR, Feb 13 (Reuters) " Malaysia's economy expanded at its fastest pace in three years in 2025,surpassing expectations as strong domestic demand, exports and investment propelled growth, with momentum likely to continue this year, the central bank said on Friday. Full-year…...