News
BOJ releases new natural rate estimate as part of communication drive
5+ hour, 22+ min ago (613+ words) TOKYO, March 27 (Reuters) " The Bank of Japan on Friday released an updated estimate on the country's natural rate of interest as part of its efforts to enhance communication as it ends an era of ultra-low rates. The release came amid…...
Bank of Japan may raise rates by June as Iran war fuels inflation, its ex-top economist says
1+ day, 13+ hour ago (372+ words) By Leika Kihara and Takahiko Wada TOKYO, March 26 (Reuters) " The Bank of Japan is likely to raise interest rates by June, as rising oil costs from the Iran war heightens the chance "of being too late in addressing the risk…...
Iran conflict threatens to stall Germany’s economic growth, IMK says
1+ day, 13+ hour ago (206+ words) BERLIN, March 26 (Reuters) " A prolonged Iran war could bring German economic growth close to a standstill this year, the IMK "institute said on Thursday. If the conflict "in the Middle East drags on or escalates, gross domestic product would grow…...
How the Trump administration is testing Fed independence on bank rules
1+ day, 4+ hour ago (1092+ words) By Pete Schroeder and Chris Prentice WASHINGTON/NEW YORK, March 26 (Reuters) " While U.S. President Donald Trump has been brazen in his demands for the historically independent Federal Reserve to lower interest rates, his administration is also trying to quietly steer the…...
European retailers warn of price shock, weaker demand from prolonged Middle East conflict
1+ day, 9+ hour ago (598+ words) By Greta Rosen Fondahn, James Davey and Sarah Young STOCKHOLM/LONDON, March 26 (Reuters) " Europe's retailers warned on Thursday that a prolonged Middle East conflict could push up sticker prices in Europe and dent consumer demand for companies from clothing giant…...
UK inflation expectations surge in new worry for Bank of England
2+ day, 14+ hour ago (258+ words) LONDON, March 24 (Reuters) " Inflation expectations among the British public have surged in March, according to a survey published on Tuesday that "is likely to add to worries at "the Bank of England over the inflationary impact of the conflict in…...
US import prices post largest gain in four years as energy costs soar
2+ day, 9+ hour ago (473+ words) WASHINGTON, March 25 (Reuters) " U.S. import prices increased by the most in nearly four years in February as energy costs surged in anticipation of conflict in the Middle East, adding to signs that inflation is poised to accelerate in the months ahead....
Japan’s core inflation slows below BOJ target, complicates rate communication
3+ day, 21+ hour ago (634+ words) TOKYO, March 24 (Reuters) " Japan's core consumer inflation slowed below the central bank's 2% target in February for the first time in nearly four years, data showed, as government fuel subsidies offset rising import costs from a weak yen and surging oil…...
Fed likely to hold rates steady as Iran war shocks policy debate
1+ week, 2+ day ago (282+ words) There are no sure bets, and without "a clear stopping point to the U.S.-Israeli bombing campaign, economists say the domestic and global impacts hinge on how long the war continues, on "the structure of whatever Iranian government emerges at the…...
Australia central bank hikes rates to 10-month high as Iran war stokes inflation risk
1+ week, 2+ day ago (707+ words) By Stella Qiu and Wayne Cole SYDNEY, March 17 (Reuters) " Australia's central bank raised rates for a second straight month in a tight call on Tuesday, warning of a "material" risk to inflation as policymakers stepped into a volatile global backdrop…...