ECB’s Schnabel says more tightening needed as euro yields slip on crude slide
European Central Bank board member Isabel Schnabel said further interest-rate tightening will be necessary because inflation is unlikely to return…
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Aussie dollar hits three-month high as Australian inflation beats forecasts
The Australian dollar climbed to a three-month high on Wednesday after data showed the country's core inflation gauge accelerated faster…
Aussie Dollar Hits Highest Since Early June as Hot July CPI Fuels RBA Hike Bets
The Australian dollar climbed to its highest level since early June after July inflation data came in hotter than forecast,…
BOJ Seen Raising Rates to 1.25% in September as Yen Weakness Accelerates Timeline
A Reuters poll of economists shows 57% now expect the Bank of Japan to raise its key rate to 1.25%…
Kevin Warsh Cuts Fed Post-Meeting Statement From 341 Words to 130, Drops Rate-Cut Guidance
The Federal Reserve's latest post-meeting statement dropped from 341 words to just 130, with all mention of future rate cuts…
