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Mexico annual inflation likely seen at six-year low: Reuters poll

Mexico annual inflation likely seen at six-year low: Reuters poll

MEXICO CITY, Aug 6 (Reuters) - Mexico's annual headline inflation likely slowed in July to its lowest level since May 2020, according to a Reuters poll, as lower food prices offset seasonal increases in tourism costs.

Mexico central bank holds rate at 6.5%, delays inflation target return

Mexico central bank holds rate at 6.5%, delays inflation target return

By Inigo Alexander and Natalia Siniawski MEXICO CITY, Aug 6 (Reuters) - Mexico's central bank held its benchmark interest rate at 6.50% on Thursday, extending a pause that began in June and pushing back the timeline for inflation to return to target, underscoring the challenge of taming price

Mexico central bank holds rate at 6.50%, pushes out inflation convergence forecast

Mexico central bank holds rate at 6.50%, pushes out inflation convergence forecast

By Inigo Alexander and Natalia Siniawski MEXICO CITY, Aug 6 (Reuters) - Mexico's central bank held its benchmark interest rate at 6.50% on Thursday, extending the pause it began in June, and pushed back its forecast for headline inflation to converge to target to the end of next year.

Fed's Musalem argues against easy policy just to bolster productivity

Fed's Musalem argues against easy policy just to bolster productivity

By Michael S. Derby Aug 6 (Reuters) - Federal Reserve Bank of St.

Fed's Musalem says central bank should have hiked rates at last meeting

Fed's Musalem says central bank should have hiked rates at last meeting

By Michael S. Derby Aug 6 (Reuters) - Federal Reserve Bank of St. Louis President Alberto Musalem on Thursday added his voice to the chorus of central bankers who believed the central bank should have raised its interest rate target last week.

Durigan says lowering interest rates is Brazil's 'big challenge'

Durigan says lowering interest rates is Brazil's 'big challenge'

BRASILIA, Aug 6 (Reuters) - Brazil's Finance Minister Dario Durigan said on Thursday that bringing interest rates down remains the country's "big challenge," while arguing that public finances in Latin America's largest economy are balanced.

Analysis-Jobs report will offer fresh test of Fed Chairman Warsh's less-guidance stance

Analysis-Jobs report will offer fresh test of Fed Chairman Warsh's less-guidance stance

By Karen Brettell Aug 7 (Reuters) - Federal Reserve Chairman Kevin Warsh wants the bond market to take the wheel, contending it should do more of the work of setting the price of money in America.

Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns

Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns

Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns

Dollar drifts higher as traders eye Iran talks ahead of US jobs data

Dollar drifts higher as traders eye Iran talks ahead of US jobs data

By Kevin Buckland TOKYO, Aug 7 (Reuters) - The dollar drifted higher against the yen and euro on Friday, building on the previous day's gains as doubts about an Iran peace deal buffed the U.S. currency's appeal as a haven.

Mexico's central bank likely to hold key interest rate this week: Reuters poll

Mexico's central bank likely to hold key interest rate this week: Reuters poll

MEXICO CITY, Aug 4 (Reuters) - Mexico's central bank is expected to maintain its benchmark interest rate at 6.50% in its next decision on Thursday, according to most analysts in a Reuters poll, signaling a prolonged pause amid uncertainty over inflation and economic growth.

Moody’s drops blunt warning on the economy

Moody’s drops blunt warning on the economy

Investors came into the Fed’s July 28–29 meeting, looking to clarify whether interest rate cuts were moving closer or slipping further away. On July 29, the Fed held its benchmark rate at 3.50%-3.75%, even though three officials favored a quarter-point hike, but the real surprise wasn’t the ...

New Zealand unemployment climbs to decade-high of 5.6% in Q2

New Zealand unemployment climbs to decade-high of 5.6% in Q2

By Wayne Cole SYDNEY, Aug 5 (Reuters) - New Zealand's jobless rate climbed to a decade-high in the June quarter as a sharp rise in the number of people looking for work outweighed gains in employment, a sign of slack that could limit how high interest rates might rise this year.