Central banks ease off on rate hike push in October
LONDON, Nov 2 (Reuters) – The pace and scale of rate hikes delivered by central banks around the globe in October slowed down dramatically following...
EXCLUSIVE Bank of Mexico nears end of rate hike cycle, eyes economic toll, board member says
MEXICO CITY, Oct 26 (Reuters) – Bank of Mexico board member Gerardo Esquivel cautioned against increasing the monetary policy rate to “excessively” restrictive levels as...
Global economy approaching a recession, central banks unchained: Reuters poll
BENGALURU, Oct 26 (Reuters) – The global economy is approaching a recession as economists polled by Reuters once again cut growth forecasts for key economies...
Soaring food prices push UK inflation back to 40-year high
UK inflation hits 10.1% in September, matching 40-year high Food prices rise by most since 1980 Pounds slips on data, BoE under pressure to raise...
Analysis: Overlapping crises add urgency for IMF, World Bank resources, reforms
WASHINGTON, Oct 20 (Reuters) – Global financial leaders are digging into a long to-do list after International Monetary Fund and World Bank member countries sent...
Japan’s inflation hits 8-year high in test of BOJ’s dovish policy
Sept core CPI rises 3.0% yr/yr, matches forecast Core consumer inflation stays above BOJ goal for 6th month Data underscores broadening inflationary pressure BOJ seen...
Yen hits weakest level since 1990, pound down after PM announces resignation
NEW YORK, Oct 20 (Reuters) – The dollar surpassed the symbolic level of 150 yen for the first time since 1990 on Thursday, while the...
Fed says firms gloomier on outlook, but inflation pressures easing
Oct 19 (Reuters) – U.S. economic activity expanded modestly in recent weeks, although it was flat in some regions and declined in a couple of...
German harmonised inflation +10.9% y/y in September
BERLIN, Oct 13 (Reuters) – Germany’s consumer prices, harmonised to compare with other European countries, were 10.9% higher year-on-year in September, the Federal Statistical Office...
“60/40” portfolios are facing worst returns in 100 years: BofA
LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in...