rate hikes

 
 

Long goodbye to easy money: Five questions for the ECB

LONDON, April 23 — The ECB meets on Thursday against a backdrop of concern about a global trade spat and a softening in euro zone economic data that could potentially hamper the central bank's plans to unwind its extraordinary monetary stimulus….


UK set for more ‘uninspiring’ growth after weak start to 2018

LONDON, April 22 — The UK economy shows little sign of breaking out of its “pattern of uninspiring growth,” and the first quarter may have been weaker than expected. The first three months of the year may have seen gross domestic product gain…


A US recession ahead? Fed policymakers say not to worry

CHICAGO, April 21 — As the gap between short- and long-term borrowing costs hovers near its lowest in more than 10 years, speculation has risen over whether the so-called yield curve is signalling that a recession could be around the corner. Not…


Pound slides as UK rate hike prospect dims; US stocks fall

NEW YORK, April 21 — Worries about higher US interest rates and Apple’s prospects weighed on Wall Street equities yesterday, while the British pound retreated following dovish comments from the head of the Bank of England. US stocks ended…


Indonesia decision guide: Anti-inflation steps mean central bank can hold

JAKARTA, April 19 — Indonesia’s central bank is in no rush to pull the interest rate trigger just yet, thanks in part to the government. While policy makers in Malaysia have started raising rates, Bank Indonesia has refrained from tightening…


Ringgit’s trajectory next week to be influenced by economic data

KUALA LUMPUR, April 14 — The ringgit’s trajectory next week is expected to be influenced by Malaysia’s economic data, as well as US interest rates. Both are slated for released next week, dealers said. FXTM Research Analyst, Lukman…


Wall Street falls on Syria concerns, interest rate worries (VIDEO)

NEW YORK, April 12 — Wall Street stocks fell yesterday as possible US military action against Syria stoked investor concerns about geopolitical risk to the American economy and minutes from the Federal Open Market Committee sparked worries about…


US consumer prices post first drop in 10 months; core inflation firming

WASHINGTON, April 11 —  US consumer prices fell for the first time in 10 months in March, weighed down by a decline in the cost of gasoline, but underlying inflation continued to firm amid rising prices for healthcare and rental accommodation….


US producer prices increase more than expected in March

WASHINGTON, April 10 — US producer prices increased more than expected in March, boosted by a rise in the cost of services such as healthcare and airline fees, pointing to a steady buildup of wholesale inflation pressures. The Labor Department…


Dollar gains versus yen as risk appetite improves after Xi speech

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TOKYO (April 10): The dollar bounced against the yen on Tuesday, with broader risk appetite improving after a speech by Chinese President Xi Jinping promising to cut import tariffs eased concerns about a trade conflict between the world’s two largest economies. Speaking at a Boao Forum for Asia in Hainan province, Xi pledged to open the country’s economy further and lower import tariffs on products including cars. Trade conflict worries ebbed after Xi was seen to have refrained from upping the ante between Washington and Beijing in his first publicRead More