ECB’s Panetta warns of risk of economic damage from high interest rates
Newly appointed Governor of the Bank of Italy, Fabio Panetta looks on as he attends a banking conference in Rome,...
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US third-quarter growth revised higher; corporate profits rise strongly
Third-quarter GDP growth raised to 5.2% rate from 4.9%Consumer spending revised lowerCorporate profits increase 4.3%WASHINGTON, Nov 29 (Reuters) - The...
Morning Bid: Waller to Wall St, Fed’s on the turn
A look at the day ahead in U.S. and global markets from Mike DolanAs Wall Street mourns the passing of...
Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data
A bank employee gathers U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire...
Stocks hold firm as dollar dithers ahead of US data
LONDON, Nov 28 (Reuters) - Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve...
Exclusive: European fund giant Amundi dipping toe back into Turkey’s lira
A logo of Amundi is seen outside the company headquarters in Paris, France, February 3, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire...
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
Governor of the Bank of England Andrew Bailey addresses the media during a press conference concerning interest rates, at the...
Political noise distracts central Europe’s rate-setting
People walk in front of the Polish Central Bank (NBP) building in Warsaw, Poland, September 8, 2022. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsCentral bank governors under fire from politiciansHungarian government pushes for sharp rate cutsIncoming Polish government seeks to oust governorPoland, Hungary facing years of high inflationWARSAW/BUDAPEST, Nov 27 (Reuters) - The central bank governors of Poland and Hungary are caught up in noisy disputes with opponents over their rate-setting policy, raising new hazards for investors willing to brave central Europe's bitterly polarised politics.In Poland, governor Adam Glapinski stands accused...
Sterling steady, dollar wobbles as markets brace for post-Thanksgiving buzz
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing...
UK consumer confidence jumps despite lingering inflation pain
A woman with shopping bags waits for a bus, Hanley, Britain, November 20, 2023. REUTERS/Carl Recine/File Photo Acquire Licensing RightsLONDON,...
