Key Points
US inflation showed more signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases soon...
Policymakers at the Bank of England arent ready to call it quits yet after raising interest rates to the highest level since 2008 and signalled more may be needed..
Inflation in the UK is still running far above the central banks target, especially as food prices refuse to abate...
The survey of lending officers showed banks cited a lower risk tolerance, a dimmer economic outlook and worsening industry problems as their reasons for tightening credit...
Public confidence in Jerome Powells leadership of the Fed has dropped precipitously, according to a new survey, and is now at or below his predecessors as the central bank wages its war against inflation...
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India's central bank holds key rate steady as expected; signals tighter policy
10, Aug, 23The Reserve Bank of India held its key lending rate steady on Thursday as expected but moved to reduce the amount of cash in banking system as inflation concerns resurfaced following higher-than-usual seasonal spikes in food prices in recent weeks.
European Central Bank raises interest rates but slows pace
04, May, 23International Business News: FRANKFURT, Germany: The European Central Bank slowed the pace of its interest rate increases Thursday, stepping back like the U.
Quantitative tightening stirs up headwinds for economic growth
30, Aug, 23Jerome Powell, chairperson of the US Federal Reserve, reaffirms commitment to bringing down inflation and suggests interest rates will remain high until inflation is under control. Central banks' quantitative tightening is causing global interest rates to rise, impacting various sectors including real estate, cryptocurrency, venture capital, and government bonds. Higher interest rates can create headwinds for economic growth and asset prices.
Fed increases rates by 25 bps but signals hikes are near an end
22, Mar, 23The move set the U.S. central bank's benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage point by the end of this year, the same endpoint seen in the December projections.
China recovery slows, companies reduce reliance on single factory or country
14, May, 23In Asia, Chinas recovery slowed down last month as imports dropped and export growth slowed.
UK central bank may hike rates after big jump in food prices
23, Mar, 23Inflation has proved to be more stubborn in Britain than the US, partly because it has been more exposed to the jump in natural gas prices triggered by Russia's invasion of Ukraine.
Why Japan’s economy remains a warning to others
20, Mar, 24Low real rates, low growth and high debts are not going away
Fed's interest rates need to be restrictive 'for some time': John Williams
18, Oct, 23Federal Reserve Bank of New York President, John Williams, stated that interest rates will need to remain high for a while to bring inflation back to the central bank's 2% target. Williams mentioned that although progress has been made, there is still a long way to go. The Fed is expected to maintain its current interest rate target range at its upcoming meeting in October-November. Williams also noted that the Fed may consider reducing interest rates again once inflation pressures ease.
European Central Bank hikes rates again and vows more after US Fed hits pause
15, Jun, 23ECB President Christine Lagarde said more hikes, including at the bank's next meeting on July 27, are in the cards.