After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative news... READ MORE›
India's goods-producing economy advanced on its recovery path, with operating conditions improving at the strongest pace since December 2012, said Aashna Dodhia, an economist at IHS Markit... READ MORE›
The unified movement suggests that investors see the Fed's interest rate moves tied to soaring equities markets... READ MORE›
The currency may initially strengthen because Russia's comparatively high returns will lure investors, even as the central bank lowers interest rates, he said... READ MORE›
Yet it will lag the Federal Reserve's rate hikes as Asian central banks balance an exports-led revival in growth with a slowdown in regional locomotive China... READ MORE›
Board member Cho Dong-chul dissented in the 6-1 vote to raising interest rates to 1.50 percent... READ MORE›
After raising interest rates for the first time in 10 years earlier this month, the Bank of England said it thought consumer price inflation... READ MORE›
After Federal Reserve officials for years tip-toed around the Treasuries market for fear of rattling traders with tightening monetary policy, they've stuck to their predicted course throughout 2017... READ MORE›
UK shoppers cut spending by most in more than four years Visa... READ MORE›
Energy stocks also struggled as crude slipped below 57 a barrel amid rising tensions in the Persian Gulf... READ MORE›
Bank of Japan BOJ Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, October 31, 2017... READ MORE›
Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percent from 0.25 percent... READ MORE›
Inflation has plunged from double-digits to less than 3 percent, far below the official target of 4.5 percent... READ MORE›
China's economy grows 6.8 percent amid warnings over debt levels... READ MORE›
Data out on Thursday showed the unemployment rate slipped to 5.5 percent, compared with analysts' expectations for a steady 5.6 percent... READ MORE›
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks... READ MORE›
Inflation remains around 0.5 percent, still below our target, Kuroda told reporters upon arrival for the Group of 20 finance leaders' gathering in Washington... READ MORE›
Traders see an 82 percent chance of rate hike next month, according to federal funds futures pricing... READ MORE›
A European Central Bank ECB survey showed that inflation would remain at worryingly low levels before picking up slightly next year... READ MORE›
You have to become more cautious, said Daniel Genter, who oversees about 4.2 billion as chief executive officer at Los Angeles-based RNC Genter Capital Management... READ MORE›
And there is no more fearsome creature in Washington, DC than the US Federal Reserve, which possesses the power to make and break presidencies... READ MORE›
Pricing in federal funds futures contracts already imply a greater than 95 percent chance of a quarter-point hike... READ MORE›
The exodus has driven up Libor rates as banks and other corporate entities compete to replace the lost funding... READ MORE›
Money has been leaving in yuan payments for 14 consecutive months, while the central bank's yuan positions have slumped the most since January... READ MORE›
What can the bank of england do about inflation? what does that mean for interest rates?... READ MORE›
Some economists explain the Phillips curve anomaly by saying there's more slack in the labor market--and therefore less leverage for workers--than the 4.4 percent unemployment rate indicates... READ MORE›
London house prices most overvalued in the world, says UBS... READ MORE›
Loose monetary policy can also spur higher inflation, which reduces the debt burden for poorer members of society and also promotes job creation... READ MORE›
Bank of England governor Mark Carney indicates that UK interest rates could rise at the turn of this year ... READ MORE›
Oil and gas contributed 40 percent of Russia's budget revenue in 2016... READ MORE›
The targets for inflation and reduction in unemployment were on track, the Fed said in a statement... READ MORE›
Global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain'... READ MORE›
Low-interest rate regimes across Europe have pushed prices in London, Stockholm, Munich and Zurich to record levels, after accounting for inflation... READ MORE›
Likewise, Yellen said employment and inflation are evolving in line with the Federal Open Market Committee's expectations... READ MORE›
The greenback strengthened and 10-year Treasury yields climbed as the Fed suggested the strength of the labor market will ultimately prevail over weakness in inflation... READ MORE›
Yellen said the Fed panel's outlook for a moderate pace of growth is based on continued stimulative monetary policy, and a pick-up in global activity... READ MORE›
A question that our central bankers were unable to resolve was why inflation remains so low... READ MORE›
U.S. central bankers judge they can raise rates gradually to stay ahead of inflation... READ MORE›
Federal Reserve Chair Janet Yellen signaled that the central bank wasn't about to roll over in the face of Donald Trump's surprise election victory last week... READ MORE›
The data capped a week that's seen monetary policy makers in Japan, the U.K... READ MORE›
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7... READ MORE›
We are keenly focused on the fact that blockchain technology does not rely on central banks and traditional clearing houses, the spokesperson said... READ MORE›
I don't think there's an inflation issue in China, it's an asset bubble, said Commerzbank senior emerging market economist Zhou Hao in Singapore... READ MORE›
Chinese policymakers face a dilemma as they need to tighten credit to contain debt and speculative investment without triggering a wave of defaults that could destabilize the financial system... READ MORE›
Hedge-Fund Manager Crispin Odey Says It's Now More Likely the Market Will Crash... READ MORE›
West Texas Intermediate oil for November delivery declined 0.2 percent to 50.35 a barrel on the New York Mercantile Exchange... READ MORE›
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