Europe’s problems are far bigger than a shallow recession
FRANKFURT, Nov 14 (Reuters) - The euro zone appears to be in the middle of another recession but worries about...
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New Slovak government eyes tax, spending hikes, slow deficit reduction
Slovakia's newly appointed Prime Minister Robert Fico attends the new cabinet's inauguration, at the Presidential Palace in Bratislava, Slovakia, October...
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...
Russia’s depleted workforce threatening economic growth, says central bank
Pedestrians walk past the Central Bank headquarters in Moscow, Russia, August 15, 2023. REUTERS/Shamil Zhumatov/File photo Acquire Licensing RightsThis content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Nov 9 (Reuters) - Russia's depleted labour force is causing acute labour shortages and threatening economic growth, Central Bank Governor Elvira Nabiullina said on Thursday, as Moscow pumps fiscal and physical resources into the military.Russia's military production focus as it prosecutes what it calls a "special military operation" in Ukraine is pulling funds away from...
ECB must be ‘vigilant’ as inflation may surprise, Nagel says
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Rouble soars vs dollar as market gauges impact of latest US sanctions
A view shows the newly designed Russian 1000-rouble banknote during a presentation in Moscow, Russia October 16, 2023. REUTERS/Maxim Shemetov/File...
Analysis: Traders bet ECB will be first big central bank to cut rates
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
India’s forex reserves fall to $583.53 bln as of Oct 20 – cenbank
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct 27...
ECB snaps rate-hike streak, pushes back on talk of cuts
Deposit rate held at record high 4%Rate hikes are probably over after 10 straight movesMarket sees rate cuts from around...
ECB staff won’t get wage catch-up bank predicts for euro zone
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt,...
