China Grows Bolder in Yuan Push as PBOC Drops Cautious Tone
China’s central bank is communicating more confidently about its push to expand the yuan’s role in the global…
Ex-PBOC Adviser Says China Should Let Investment Play Larger Role for Economy
China should let investment play a larger role in boosting the economy, a former central bank adviser said,…
North America Set to Cut Rates as Rest of G-7 Looks On
Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those…
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…
Japan’s Takaichi Orders Economic Package to Tackle Inflation
Japanese Prime Minister Sanae Takaichi has ordered a fresh package of economic measures aimed at easing the burden…
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…