Finance

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Slowdown in UK inflation eases pressure on Bank of England

Slowdown in UK inflation eases pressure on Bank of England

By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..

Sterling gains after strong jobs data add to pressure on BOE

Sterling gains after strong jobs data add to pressure on BOE

LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..

Bank of England officials split over future path for rates

Bank of England officials split over future path for rates

By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..

Italy inflation-adjusted retail sales fell in 2022

Italy inflation-adjusted retail sales fell in 2022

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with cons..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...