The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
Tag: Central Banking
High U.S. inflation is on the wane, PCE price gauge shows
The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a 40-year Read more
Swiss National Bank Slows Tightening Cycle With a 50 Basis Points Interest-Rate Rise
By Xavier Fontdegloria Switzerland’s National Bank on Thursday increased interest rates for a third consecutive time in as many meetings, but slowed the pace of rises as inflation pressures moderated. Read more
Bank of Japan’s Kuroda again cautions against sharp yen weakness
Bank of Japan Gov. Haruhiko Kuroda on Monday reiterated his caution about rapid yen USDJPY, +0.21% weakness and promised to maintain close coordination with the government. “Rapid movements in currencies Read more
Swiss National Bank posts $143 billion loss over nine months
The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more
Swiss National Bank posts $143 billion loss over nine months
The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more
BOJ raises inflation expectations, maintains ultralow interest rates
TOKYO — The Bank of Japan on Friday raised its inflation forecast by 0.6 percentage point amid increases in energy prices and a weak yen, but it left its ultralow Read more
Europe’s negative interest rate era ends as Swiss National Bank makes 75 basis point hike
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Bank of England lifts rates by a half point after 5-4 vote
The Bank of England decided to lift interest rates by a half point to the highest level since 2008 in a contested decision, as the U.K. central bank joins peers Read more
Bank of England lifts rates by a half point after 5-4 vote
The Bank of England decided to lift interest rates by a half point to the highest level since 2008 in a contested decision, as the U.K. central bank joins peers Read more