GBP/USD stabilizes ahead of key central bank decisions, UK’s inflation in focus
GBP/USD hold steady as BoE, Fed decisions loom. US homebuilders' confidence rises, mortgage rates may drop if Fed eases. UK...
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The U.S. dollar’s ‘smile’ looks painted on
Only a return of more aggressive Fed easing speculation or a switch out of relatively expensive U.S. stocks seems likely...
UK lenders face smaller impact from Basel rules than rivals, BoE says
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo...
Central bank blunders undermine tough rate talk
LONDON, Dec 5 (Reuters Breakingviews) - Words are fighting it out with numbers in financial markets at present. Comments by...
Britain yet to make the case for a digital pound, lawmakers say
The Bank of England is seen reflected on a balloon with the pound symbol during a protest against the hiking...
Market pushback on central banks’ rates view just got louder
Markets now price hefty ECB, Fed rate cuts in 2024Nov euro zone inflation eases more than expectedGap with central bank messaging widens furtherLONDON, Nov 30 (Reuters) - A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in the United States and Europe as evidence grows that inflationary pressures are fast abating.Money markets are now pricing in over 100 basis points apiece of rate cuts from the U.S. Federal Reserve and European Central Bank next year, and...
Fed shifts into cautious policy mode as risks become more two-sided
WASHINGTON, Nov 21 (Reuters) - U.S. Federal Reserve officials agreed at their last policy meeting that they would proceed "carefully" and only raise interest rates if progress in controlling inflation faltered, the minutes of the Oct. 31-Nov. 1 gathering showed on Tuesday."All participants agreed that the Committee was in a position to proceed carefully," according to the minutes, which appeared to show support for more rate hikes dissipating within the U.S. central bank's Federal Open Market Committee, and the baseline shifting to one in which its benchmark overnight interest rate...
ECB to hold rates through mid-2024 despite stalling economy- Reuters Poll
BENGALURU, Nov 14 (Reuters) - The European Central Bank will hold interest rates steady well into next year, with a...
Fed and banks can do more to reduce liquidity risk -Logan
Federal Reserve Bank of Dallas President Lorie Logan speaks at a conference of the National Association for Business Economics in...
Central banks need a word with budget masters
LONDON, Nov 10 (Reuters) - If a re-emerging risk premium in bonds is down to government debt sustainability worries, central banks may need to lobby their Treasuries that it's undermining their control of credit.U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing "term premium'" now demanded to buy and hold longer-term bonds, is responsible is central to the conundrum.If a sustained or even more volatile risk premium tightens or loosens credit beyond what's intended...