LONDON (Reuters) -The Bank of England raised interest rates more than expected by half a percentage point on Thursday after it said there had been “significant” news suggesting British inf[...]
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June 22, 2023
Swiss central bank signals more tightening to come after latest rate hike
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday as the central bank pressed ahead with its campaign to dampen stubborn inflation[...]
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Smaller-than-expected Turkey rate hike hits lira, bonds
LONDON (Reuters) – Turkey’s new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first rate meeting on Thursday, sending the lira and the[...]
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Philippines central bank extends rate hike pause, cut ‘unlikely’ in near future
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate steady at 6.25% for a second straight meeting on Thursday, and its gov[...]
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Marketmind: Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike Dolan Even if investors sense light at the end of the tunnel, Western central banks are clearly not finished tightening credit just yet[...]
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Norway central bank raises rate to 15-year high, with more to come
By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its key policy rate by 50 basis points (bps) to a 15-year high of 3.75% on Thursday in a bid to curb inflation, and said it aimed[...]
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Berlin loosens requirements for Ukraine export guarantees
BERLIN (Reuters) – The German government has loosened its requirements for export credit guarantees for companies doing business with Ukraine in an effort to shore up economic recovery in the co[...]
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Pakistan PM briefs IMF chief, hopes for release of stalled funds
By Asif Shahzad (Reuters) -Pakistan’s Prime Minister Shehbaz Sharif on Thursday briefed International Monetary Fund’s managing director Kristalina Georgieva on the economic outlook of the[...]
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Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the back of robust growth in the first quarter and str[...]
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