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Yen squeezed as hawkish turn grips central banks

Yen squeezed as hawkish turn grips central banks

By Tom Westbrook SINGAPORE, Sept 22 (Reuters) - The yen was under pressure from a firm dollar on Tuesday as traders wagered on policymakers in Japan struggling to keep up with a hawkish turn by global central banks, leaving the country's interest rates at a wide gap with major peers.

Federal Reserve official says inflation persistence led her to support interest rate hike

Federal Reserve official says inflation persistence led her to support interest rate hike

A top Federal Reserve official says that stubbornly high inflation and the renewal of combat in the Middle East in August were key reasons she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year

Federal Reserve official says Iran war pushed her toward supporting rate hike

Federal Reserve official says Iran war pushed her toward supporting rate hike

A top Federal Reserve official said Monday that the renewal of combat in the Middle East in August was a key reason she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year

New Zealand central bank chief sees risks to economy, inflation

New Zealand central bank chief sees risks to economy, inflation

SYDNEY, Sept 22 (Reuters) - New Zealand's top central banker said on Tuesday if recent gains in oil prices persist it would lead to "somewhat" higher inflation than previously forecast, adding that there remained significant risks to the country's economic recovery.

Tech leads shares higher in Asia as oil slips

Tech leads shares higher in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.

Federal Reserve Bank of Chicago President Goolsbee to Discuss Economy in London

Federal Reserve Bank of Chicago President Goolsbee to Discuss Economy in London

President Goolsbee of the Federal Reserve Bank of Chicago is scheduled to speak in London at an Official Monetary and Financial Institutions (OMFIF) Forum event. The discussion will focus on the economy and is set to take place tomorrow at 5:30 a.m. CT. This engagement provides an opportunity for a key figure within the U.S. central banking system to share insights and perspectives on economic matters with an international audience of financial institutions and policymakers.

Tech lifts share markets in Asia as oil slips

Tech lifts share markets in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets rose in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more supply was finding its way out of the Gulf than previously thought despite the ongoing conflict.

Fed's Kashkari says inflation is still too high across US economy, in Fox News interview

Fed's Kashkari says inflation is still too high across US economy, in Fox News interview

Sept 20 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Exclusive-Fed's Musalem says more rate hikes likely needed to quell inflation

Exclusive-Fed's Musalem says more rate hikes likely needed to quell inflation

By Howard Schneider WASHINGTON, Sept 21 (Reuters) - The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand as well as a commodity price shock that has moved beyond oil, St.

BofA drops stunning warning about Fed rate hikes

BofA drops stunning warning about Fed rate hikes

BofA raises risk scenarios if Fed rate hikes miss inflation 2% target.

Economist warns Fed, Warsh on track for big surprise

Economist warns Fed, Warsh on track for big surprise

The economist who called 2007 just went public with a message the Fed does not want to hear.

China keeps benchmark lending rates unchanged for 16th month in September

China keeps benchmark lending rates unchanged for 16th month in September

SHANGHAI, Sept 20 (Reuters) - China kept its benchmark lending rates unchanged for the 16th straight month on Sunday, in line with market expectations.