Interest Rates / Policy

Euro zone banks expect to tighten access to credit in third quarter, ECB says

Euro zone banks expect to tighten access to credit in third quarter, ECB says

Published 14/07/2020

FRANKFURT (Reuters) - Euro zone banks maintained relatively easy access to credit for firms in the second quarter with the backing of government guarantees, but [more…]

India’s June retail inflation picks up after easing of lockdown

India’s June retail inflation picks up after easing of lockdown

Published 13/07/2020

NEW DELHI (Reuters) - India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the [more…]

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

Fund giant BlackRock ‘warming up’ to European assets

Fund giant BlackRock ‘warming up’ to European assets

Published 23/06/2020

LONDON (Reuters) - BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to [more…]

Fed launches long-awaited Main Street lending program

Fed launches long-awaited Main Street lending program

Published 15/06/2020

NEW YORK (Reuters) - The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, [more…]

Explainer: How Fed’s Main Street program compares to other small business pandemic aid

Explainer: How Fed’s Main Street program compares to other small business pandemic aid

Published 15/06/2020

(Reuters) - The Federal Reserve on Monday launched its latest life raft for U.S. businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, [more…]

Aussie dollar falls amid feud with China, traders cash in gains

Aussie dollar falls amid feud with China, traders cash in gains

Published 09/06/2020

LONDON (Reuters) - The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between [more…]

Lagarde comments at ECB press conference

Lagarde comments at ECB press conference

Published 04/06/2020

(Reuters) - The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by [more…]

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Published 03/06/2020

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON (Reuters) - Many [more…]