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South Korea's Lee says country cannot avoid raising interest rates

South Korea's Lee says country cannot avoid raising interest rates

By Heejin Kim and Cynthia Kim SEOUL, Oct 13 (Reuters) - South Korea cannot avoid raising its benchmark interest rate in the near future to narrow a widening yield gap with the United States and align with global monetary tightening, President Lee Jae Myung said during a cabinet meeting on Tuesday.

BlackRock Shifts Investment Strategy, Cuts US Stock Exposure, and Buys Treasuries Amid Rising Yields

BlackRock Shifts Investment Strategy, Cuts US Stock Exposure, and Buys Treasuries Amid Rising Yields

BlackRock Shifts Investment Strategy, Cuts US Stock Exposure, and Buys Treasuries Amid Rising Yields

Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Waller explains his surprising rate-hike vote as consumer confidence takes a dive and energy costs remain high.

Markets Grapple with Higher Interest Rate Reality Amidst Economic Resilience and Debt Concerns

Markets Grapple with Higher Interest Rate Reality Amidst Economic Resilience and Debt Concerns

Markets Grapple with Higher Interest Rate Reality Amidst Economic Resilience and Debt Concerns

Global Economic Growth Stabilizes Amid Persistent Inflationary Pressures and Rising Public Debt

Global Economic Growth Stabilizes Amid Persistent Inflationary Pressures and Rising Public Debt

Global Economic Growth Stabilizes Amid Persistent Inflationary Pressures and Rising Public Debt

Dollar steady near 18-month high as Mideast conflict, US inflation in focus

Dollar steady near 18-month high as Mideast conflict, US inflation in focus

By Ankur Banerjee and Li Gu SINGAPORE/SHANGHAI, Oct 12 (Reuters) - The dollar held its ground near the strongest level in a year and a half on Monday as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that will influence monetary policy.

Oil rallies, sending dollar higher on expectations of higher US rates

Oil rallies, sending dollar higher on expectations of higher US rates

By Sinéad Carew and Danilo Masoni NEW YORK/MILAN, Oct 12 (Reuters) - Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US interest rates to fight inflation drove the dollar higher on a narrowly mixed day for global stocks.

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

By Howard Schneider CLEVELAND, Oct 12 (Reuters) - Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in order to control inflation she feels has become more broad-based and is starting to influence firms'

Bank of America Forecasts Slowed Core CPI for September, Warns of Upside Risks

Bank of America Forecasts Slowed Core CPI for September, Warns of Upside Risks

Bank of America Forecasts Slowed Core CPI for September, Warns of Upside Risks

U.S. Producer Price Index Expected to Show Continued Increase in September

U.S. Producer Price Index Expected to Show Continued Increase in September

U.S. Producer Price Index Expected to Show Continued Increase in September

Wall Street Strategists Anticipate Year-End Stock Rally Driven by AI Earnings and Historical Trends

Wall Street Strategists Anticipate Year-End Stock Rally Driven by AI Earnings and Historical Trends

Wall Street Strategists Anticipate Year-End Stock Rally Driven by AI Earnings and Historical Trends

2 Inflation reports, retail sales and big bank profits all arrive in the coming week

2 Inflation reports, retail sales and big bank profits all arrive in the coming week

The upcoming week promises to deliver notable updates on inflation, a topic sure to dominate the U.S. midterm elections now less than a month away