Fed's Evans says have to be nervous about yield curve, but U.S. economy solid

HONG KONG (Reuters) – Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the U.S. economic growth outlook. In what many see as a bad omen for the U.S. economy, yields on benchmark U.S. 10-year treasury notes fell further below […]

Read more

ECB to launch new overnight rate €str on Oct 2

FRANKFURT, March 14 (Reuters) – The European Central Bank will launch its new overnight interest rate of bank-to-bank lending, called €str, on Oct. 2, the ECB said on Thursday. “The European Central Bank (ECB) will start publishing the €STR as of 2 October 2019, reflecting the trading activity of 1 October 2019,” the ECB said. “Additionally, the ECB … will […]

Read more

Fed lifts rates for 4th time this year but sees fewer hikes

FILE – In a Nov. 29, 2018, file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board’s 15th annual College Fed Challenge Finals in Washington. The Federal Reserve is poised Wednesday, Dec. 19, to raise its key interest rate for the fourth time this year. But beyond that, its plans are shrouded in uncertainty. (AP Photo/Cliff Owen, File) […]

Read more

Sweden Riksbank hikes rates, first time since 2011

STOCKHOLM–Sweden’s central bank on Thursday raised its key policy rate for the first time since July 2011, saying that with both inflation and inflation expectations establishing themselves at around 2%, the need for a highly expansionary monetary policy has decreased slightly. However, the Riksbank noted that the global economy is now entering a phase of more subdued GDP growth and […]

Read more
1 2 3 5