ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the…
Vietnam central bank raises cap on 2022 credit growth
HANOI (Reuters) -Vietnam’s central bank said on Monday it had raised its 14% cap on the local banking system’s credit…
G7 price cap on Russian oil kicks in, Russia will only sell at market price
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on…
Russian banks snap up $17.7 billion at central bank repo auctions
MOSCOW (Reuters) – Russian banks raised 1.1 trillion roubles ($17.71 billion) at repo auctions held by the central bank on…
Bank of Israel voted 6-0 to raise rates 1/2-point of Nov 21 -minutes
JERUSALEM (Reuters) – All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5…
Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday…
Will the Fed ‘raise and hold’ rates? Traders bet they will not
By Ann Saphir (Reuters) – Federal Reserve policymakers have all but promised to dial down the pace of their interest…
ECB’s Makhlouf says he can see scenarios where rates go beyond 3%
DUBLIN (Reuters) – European Central Bank policyamker Gabriel Makhlouf said he could see scenarios where the ECB pushes interest rates…
Marketmind: China reopening as volatility ebbs
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. A punchy U.S. jobs…
ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By Padraic Halpin…