Bank of England’s Mann says impact of QT cannot be offset fully
LONDON (Reuters) -The Bank of England needs to pay closer attention to the impact of its quantitative tightening programme on…
Category: Economy
China’s state banks will cut deposit rates on Tuesday, sources say
BEIJING (Reuters) -China’s major state banks will cut their deposit rates from Tuesday, three people with knowledge of the matter…
Gold players keep faith despite trade truce-induced correction
By Brijesh Patel (Reuters) – Gold prices have fallen almost 10% from a record high just above $3,500 per ounce…
JPMorgan lifts China growth forecasts after ‘surprisingly positive’ US deal
LONDON (Reuters) – Investment bank JPMorgan lifted its forecasts for China’s economic growth on Monday following what it called a…
Age-burdened “silver economy” comes with silver linings, IMF finds
(Reuters) -An ageing population need not be the demographic time bomb it is frequently said to be, the International Monetary…
Top Bank of Canada officials speak after central bank holds policy rate steady
TORONTO (Reuters) -Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior…
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
By Anna Hirtenstein (Reuters) – Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural…
Trade war’s impact on growth extremely detrimental, ECB says
BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but…
Index funds could double record sales of agricultural futures amid recession fears, research provider says
NEW YORK (Reuters) – Index funds, the biggest participants in the commodities markets, last week sold a record amount of…
Petrobras should sell fuel directly to large consumers, says Lula
ANGRA DOS REIS, Brazil (Reuters) – Brazil’s state-run oil firm Petrobras should consider selling fuel directly to large consumers in…