Storm clouds gather over the pound as focus turns back to dire economy
LONDON, Nov 2 (Reuters) – The pound has just staged its biggest monthly rally in a year after shaking off weeks of British political turmoil,...
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...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...
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...
Mastercard’s dim forecast clouds profit beat on travel demand
Oct 27 (Reuters) – Mastercard Inc (MA.N) on Thursday pushed back against worries of a slowdown in consumer spending after a weaker-than-expected forecast for revenue...
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...
After UK turmoil, Dutch central bank urges pension funds to review liquidity
AMSTERDAM, Oct 19 (Reuters) – The Dutch central bank (DNB) said on Wednesday it had called on pension funds in the Netherlands to review their...
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...