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Central Banks

U.S. Fed's Lockhart - Brexit could 'loom large' over June policy meeting

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JACKSONVILLE, Fla. Atlanta Federal Reserve President Dennis Lockhart said on Tuesday that Britain's vote on whether to stay in the European Union could "loom large" as the U.S. central bank contemplates whether to raise interest rates at its next policy meeting.

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Australian government delivers sombre election budget for 'extraordinary times' 03 May 2016

CANBERRA Australia's conservative government unveiled an economic blueprint on Tuesday aimed at creating jobs and growth in "extraordinary times", just hours after the country's central bank slashed interest rates to an all-time low.

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Australia cuts interest rates to turn back global deflation tide 03 May 2016

SYDNEY Australia's central bank cut interest rates to an all-time low of 1.75 percent on Tuesday, the first easing in a year as it seeks to restrain a rising currency and stave off the creeping curse of deflation.

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Banks, markets coping well with ECB policy, may change if more cuts - ECB's Coeure 03 May 2016

FRANKFURT Banks and financial markets are coping well with the European Central Bank's ultra-low interest rates and money printing but this might change if rates were to be cut much further, ECB Executive Board Member Benoit Coeure said on Tuesday.

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BOJ sees little reason to act when households aren't listening 03 May 2016

TOKYO Bank of Japan Governor Haruhiko Kuroda has a big problem. His radical monetary policy experiment has always been aimed at convincing the public that an end to deflation is near - and right now the public aren't listening.

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Yen posts biggest weekly gain since 2008, stocks slip 29 Apr 2016

NEW YORK The yen hit an 18-month high on Friday as investors bet the Bank of Japan might be done adding stimulus to the economy, while stocks in Europe and on Wall Street headed lower as earnings disappointed.

Fed's Kaplan says may back June or July rate rise 29 Apr 2016

LONDON Dallas Federal Reserve President Robert Kaplan said on Friday that he could back a rise in U.S. interest rates as soon as June or July, if U.S. economic data firms up as he expects.

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Tame U.S. inflation bolsters Fed caution on rate hikes 29 Apr 2016

WASHINGTON U.S. inflation barely rose in March as consumer spending remained tepid, making it less likely that the Federal Reserve will be able to follow through on its projected two interest rate increases this year.

German inflation turns negative in April, weaker than expected 29 Apr 2016

BERLIN German consumer prices unexpectedly fell in April, data showed on Thursday, illustrating the scale of the task the European Central Bank faces in trying to propel inflation back to its target range.

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BoE likely to keep rates unchanged until early 2017 - Reuters poll 29 Apr 2016

LONDON Britain's key interest rate is likely to stay at a record low of 0.5 percent until at least January as the Bank of England waits for growth and inflation to pick up, a Reuters poll forecast on Friday.