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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
BOE |
Speech given by Ben Broadbent, Deputy Governor Monetary Policy, at the London School of Economics.
Reuters |
TOKYO (Reuters) - Asian shares rose firmly on Friday as strong U.S. earnings and a step forward in Congress on U.S. tax reform brightened the mood, even though investors noted that many hurdles remain to passage of a deal on tax cuts.
Bloomberg |
President Donald Trump told Asian nations eager for the U.S. to stay committed to the region that he would no longer join multilateral deals like the Trans-Pacific Partnership but…
Reuters |
Oil markets were slightly down but stable on Friday, supported by ongoing supply cuts and strong demand which have resulted in a tightening market, although the prospect of rising U.S. output capped prices.
CNBC |
Barclays is still expecting two rate hikes next year — no matter who the Federal Reserve chief may be, the bank's head for Asia foreign exchange and rates strategy said on Thursday.
The Economist |
THE wait is over. On November 2nd Donald Trump announced that he will nominate Jerome Powell, a former investment banker and current Federal Reserve governor, as the next chairman of America’s central bank.
BOE |
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.
FED |
Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions.
ECB |
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
Reuters |
TOKYO (Reuters) - The euro stretched gains on Thursday ahead of a European Central Bank meeting that could result in a less accommodative monetary policy, while Asian stocks were subdued after Wall Street pulled back from record highs.