UK recession risk deepens but consumers stay unfazed
A branch of the discount retail homeware store Wilko is seen in Altrincham, Britain, September 11, 2023. REUTERS/Molly Darlington/File Photo...
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Swiss govt appoints new SNB board member
The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse/File...
Yen slumps as BOJ keeps policy ultra-loose, dollar set for 10th weekly rise
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo...
Take Five: An inflationary dilemma
Sept 22 (Reuters) - The moment investors have been waiting for seems to finally have arrived, as major central banks...
Sterling dips after weak UK business activity, retail data
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: Bank of Japan also holds policy and stays dovish
Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo, Japan September 20, 2023. REUTERS/Issei Kato...
Global central banks unite in ‘higher for longer’ credo
Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, and Bank of Japan Governor Kazuo Ueda take a...
Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration,...
Funding Ukraine weapons would put EU lending arm on ‘wrong track’, outgoing chief warns
Werner Hoyer, President of the European Investment Bank, attends the Ukraine Recovery Conference in London, Britain June 21, 2023. REUTERS/Hannah McKay/Pool/File Photo Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The head of the European Investment Bank (EIB) has warned his soon-to-be-announced successor that bowing to pressure from some EU capitals to fund weapons for Ukraine would put the bank on the "wrong track". Werner Hoyer will step down from the EU's powerful lending arm at the end of December after 12 years turning the EIB into one of the...
Hungary central bank chief, finance minister spar over inflation-hit economy
Hungarian Central Bank Governor Gyorgy Matolcsy speaks during a business conference in Budapest, Hungary, June 9, 2021. REUTERS/Bernadett Szabo/File Photo Acquire Licensing RightsEGER, Hungary, Sept 21 (Reuters) - Hungary's central bank signalled caution on further rate cuts on Thursday while the government flagged a higher deficit and a new tax on banks to offset a drop in tax revenue as the highest inflation in the European Union hobbles the economy.The suggestion of a new tax on Hungary's banks, about half of which are foreign-owned, sent shares in central Europe's largest...