Economy

Economy News

War in Ukraine Unlikely to Deter ECB From December Rate Hike

(Bloomberg) — The European Central Bank will look past threats to economic growth from the war in Ukraine, ending asset purchases in the summer and setting the stage for a.

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Economy News

Gold flat as firmer dollar counters support from Ukraine crisis

By Asha Sistla (Reuters) – Gold prices remained trapped in a tight range on Friday as the dollar firmed on prospects of aggressive interest rate hikes by the U.S. Federal.

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Economy News

U.S. Congress votes to strip Russia of ‘most favored’ trade status, ban its oil

By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Congress voted to impose further economic pain on Russia over the invasion of Ukraine on Thursday, passing one measure to remove its “most.

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Economy News

No peace for emerging market currencies as mighty U.S. dollar reigns: Reuters poll

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) – Most emerging market currencies will continue to struggle against the mighty dollar over the coming year as the U.S. Federal Reserve.

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Economy News

Bearish bets on Asian FX ease as central banks tilt towards rate hikes – Reuters poll

By Sameer Manekar (Reuters) – Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore.

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Economy News

Analysis-Aggressive Fed balance sheet runoff could jolt flattened yield curve

By Karen Brettell and Davide Barbuscia (Reuters) – Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the flattening Treasury yield curve, which.

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Business Economy News

Stock rebound wobbles as investors zero in on hawkish Fed

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy.

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Economy News

Fed officials to take cleaver to balance sheet; ‘many’ back big rate hikes

By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another.

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Economy News

Surging prices nudge Asia’s reluctant central bank hawks off the sidelines

By Leika Kihara and Wayne Cole (Reuters) – Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic.

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Business Economy News

Germany’s Bundesbank warns over bank loans to hot property market -report

BERLIN (Reuters) – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, board director Joachim Wuermeling.

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