Explore

BoC governor says not concerned about short-term spike in inflation expectations

BoC governor says not concerned about short-term spike in inflation expectations

(Corrects paragraph 9 to remove quotes) By Promit Mukherjee OTTAWA, April 17 (Reuters) - Bank of Canada Governor Tiff Macklem said on Friday inflation will rise in the short term and that an uptick in near-term inflation expectations would not worry the central bank.

Iran war presents risk to euro zone growth and inflation outlook, Lagarde says

Iran war presents risk to euro zone growth and inflation outlook, Lagarde says

WASHINGTON, April 17 (Reuters) - The Iran war could drag euro zone growth lower and push inflation above already increased projections, requiring the European Central Bank to remain vigilant, ECB President Christine Lagarde said on Friday.

Analysis-BOJ's hawkish hints keep rate hike on the cards

Analysis-BOJ's hawkish hints keep rate hike on the cards

By Leika Kihara WASHINGTON, April 17 (Reuters) - Bank of Japan Governor Kazuo Ueda refrained from pre-committing to an April rate increase as the Iran war muddled the outlook, but left a few hawkish signs after this week's IMF meetings, suggesting a hike remains on the cards in June, if not this

IMF expects ECB to raise rates by half a percentage point in 2026

IMF expects ECB to raise rates by half a percentage point in 2026

By Jan Strupczewski WASHINGTON, April 17 (Reuters) - The European Central Bank should lift its key interest rate twice this year to combat an energy-driven inflation surge, but should then reverse these moves in 2027, the International Monetary Fund's European Department chief said on Friday.

Bank of England's Bailey says 'not going to rush' judgements on rate rises, BBC reports

Bank of England's Bailey says 'not going to rush' judgements on rate rises, BBC reports

LONDON, April 16 (Reuters) - The Bank of England was "not going to rush to judgements" on interest rate rises, Governor Andrew Bailey told BBC News, as global central banks contend with an energy price shock driven by the Iran war.

Fed's Miran may scale back rate-cut outlook again due to 'less favorable' inflation developments

Fed's Miran may scale back rate-cut outlook again due to 'less favorable' inflation developments

By Howard Schneider WASHINGTON, April 16 (Reuters) - Federal Reserve Governor Stephen Miran, by far the U.S. central bank's most aggressive advocate for fast and immediate interest rate cuts, said on Thursday he may again scale back the pace at which he thinks rates should fall because inflation is

Final size of interest rate calibration in Brazil is open, official says

Final size of interest rate calibration in Brazil is open, official says

April 16 (Reuters) - Brazil's central bank is cautious amid uncertainties over the potential duration and consequences of the U.S.-Israeli conflict with Iran, and the final size of its interest rate adjustment cycle remains open, said a top official on Thursday.

ECB yet to see big second-round inflation impacts from energy price surge, policymaker Kazaks says

ECB yet to see big second-round inflation impacts from energy price surge, policymaker Kazaks says

By Balazs Koranyi WASHINGTON, April 16 (Reuters) - The European Central Bank cannot take an April 30 interest rate hike off the table just yet, even if energy prices are not far from the baseline forecast and there are no big second-round impacts from the energy surge, policymaker Martins Kazaks

IMF says Bank of Japan can see through inflationary shock from Iran war

IMF says Bank of Japan can see through inflationary shock from Iran war

By Leika Kihara WASHINGTON, April 15 (Reuters) - The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited, Rahul Anand, the International Monetary Fund's mission chief for Japan, told Reuters on Wednesday.

European shares are little changed after Asia finishes higher amid hopes for US-Iran talks

European shares are little changed after Asia finishes higher amid hopes for US-Iran talks

European shares are little changed in early trading after Asian shares finished mostly higher amid hopes the United States and Iran may try again on talks to end their war

Exclusive-Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time

Exclusive-Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the Federal Reserve's 2% target for the rest of this year, with the U.S. central bank likely needing to leave interest rates unchanged, St.

Finance ministers, stung by hit to economies, call for full Iran war ceasefire

Finance ministers, stung by hit to economies, call for full Iran war ceasefire

By William Schomberg WASHINGTON, April 15 (Reuters) - Finance ministers from almost a dozen countries led by Britain called on the U.S., Israel and Iran to implement their ceasefire in full on Wednesday and said the conflict would weigh on the global economy and markets even if it was resolved soon.