Fed officials say more rate hikes are needed, despite slowing inflation

A picture of the Federal Reserve building in Washington, DC, US, August 22, 2018. REUTERS/Chris Watty/File Photo Register now to get free unlimited access to Reuters.com Register Kashkari sticks to his view on the 3.9% fed funds rate at the end of 2022 Evans sees 3.4% policy rate this year Both are pushing back market … Read more

Dollar falls as currency markets pull back from Friday’s moves

Dollar dips Aussie, Kiwi and Pound gains Traders 69% expect the Fed to rise by 75 basis points in September LONDON (Reuters) – The dollar fell on Monday, losing some gains from Friday’s US jobs data, as currency markets rolled back their initial reaction and waited for inflation data on Wednesday to give more clues … Read more

Stocks steady as markets bet on Bank of England massive rally

Market bets on a 50 basis point BoE hike Fed official: 50 basis points increase in September ‘reasonable’ Oil bounces back from six-month low Lufthansa returns to operating profit Credit Agricole expects a jump in profits LONDON (Reuters) – Strong earnings at Credit Agricole and Lufthansa lifted shares on Thursday as tension over Nancy Pelosi’s … Read more

Global stocks eye the best months since late 2020, as the dollar recovers

The MSCI World Index rose 0.2%; Almost 6% for the month The dollar regains its early losses to trade flat against its peers Eurozone GDP data beat expectations; clouds ahead LONDON (Reuters) – Global stocks rose on Friday, on track for their best month since late 2020, as euro zone growth beat expectations, while the … Read more