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...
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...
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...
Global equity, bond funds see outflows for eighth successive week
Oct 14 (Reuters) – Global equity and bond funds faced outflows for the eighth time in a row in the week ended Oct. 12, Refinitiv...
JPMorgan CEO warns higher inflation could push U.S. rates above 4.5%
Oct 13 (Reuters) – JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated inflation could spur interest...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
BoE doubles potential bond buy-backs as emergency plan nears end
LONDON, Oct 10 (Reuters) – The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...
Moody’s warns UK unfunded tax cuts are ‘credit negative’
SYDNEY, Sept 28 (Reuters) – Global ratings agency Moody’s has warned the British government that plans for unfunded tax cuts could lead to larger budget...