Turkish central bank cuts key rate to 39.5%, flags inflation risk
The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday,…
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central…
Treasuries’ October Gains at Risk From CPI ‘Tipping Point’
Data-starved bond traders risk seeing the October rally in Treasuries spoiled by the key inflation figures they’ve been…
Treasuries Fall as Surge in Oil Prices Brings Inflation Reminder
Treasuries are poised to snap a three-day run of gains as a surge in oil prices brings price-growth…
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt…
Turkish central bank seen slowing rate cut pace amid inflation caution
The Turkish central bank is all but sure to slow the pace of its interest rate cuts when…
Two BOE Rate-Setters Say Slower Cuts Needed to Fight Inflation
Two Bank of England policymakers said the central bank should slow the pace of interest-rate cuts to prevent…
IMF urges Bank of Japan to move ‘very gradually’ with rate hikes
By Leika Kihara WASHINGTON (Reuters) -The Bank of Japan must keep monetary policy loose and move very gradually…
BOJ’s Ueda Left With Rate Hike Dilemma as Takaichi Set to Lead
Bank of Japan Governor Kazuo Ueda will likely face a tougher political environment in the second half of…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Asian Shares Jump to Record on Japan, Gold Rallies: Markets Wrap
Asian stocks climbed to a record, led by Japan, while gold advanced to an all-time high and Bitcoin…
Dovish BOJ Member Sees Rising Hike Need While Noting Risks
A dovish Bank of Japan board member pointed to the rising need for an interest rate hike signaling…