European Central Bank hikes interest rates for ninth time to combat inflation
Thu, Jul 27, 2023
The European Central Bank raised interest rates for the ninth straight time in its yearlong campaign to stamp out painfully high inflation, even as worries about recession fuel speculation that Thursday's hike could be its last.
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Europe's interest rates to stay high as long as needed to defeat inflation: Central bank chief Christine Lagarde
Tue, Jun 27, 2023
Christine Lagarde acknowledged that inflation has fallen from all-time highs last year as energy prices plunged and the bank rolled out a rapid series of rate increases, which are meant to ease price spikes by making it more expensive for consumers and businesses to borrow and spend.
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Will RBI go for steep repo rate hike next week? Axis Bank chief economist Saugata Bhattacharya predicts
Thu, Jul 28, 2022
A hike of such a quantum will take the repo rate beyond the 5.15 percent level, at which the RBI had begun the ultra-accommodative measures in the face of the COVID-19 pandemic, Axis Bank chief economist Saugata Bhattacharya told reporters.
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European Central Bank (ECB) sets 'moderately lower pace' for bond buying
Fri, Sep 10, 2021
The European Central Bank (ECB) said in a statement, "Based on a joint assessment of financing conditions and the inflation outlook, the Governing Council judges that favourable financing conditions can be maintained with a moderately lower pace of net asset purchases under the pandemic emergency purchase program (PEPP) than in the previous two quarters."
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ECB should keep policy options open regardless of Fed
Sun, Oct 14, 2018
"We should keep our options open about the timing of our reinvestment in the following years," he told a conference on the sidelines of the International Monetary Fund`s annual meeting in the Indonesian resort town of Nusa Dua.
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Rupee makes a weak start, slips 3 paise against dollar
Thu, Oct 20, 2016
Forex dealers said fresh demand for the US unit and its gains against the euro and other currencies overseas ahead of a closely-watched European Central Bank meeting pulled the rupee down, but a relatively strong opening of the domestic equity market minimised the loss.
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Gold falls on hawkish US Fed rate comments
Fri, Aug 19, 2016
Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve officials renewed bets on a US rate hike this year. Fundamentals: * Spot gold was down 0.3% at $1,348.26 an ounce at 0103 GMT.
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Asian shares ease as Japan's economic growth stalls in Q2
Mon, Aug 15, 2016
Asian shares inched back from one-year peaks on Monday after Japanese data showed the world's third largest economy hit an air pocket last quarter, while oil prices held onto their recent gains as markets globally made a slow start to the week.
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