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Australia central banker says rate risks are skewed higher
A senior Australian central banker on Thursday warned of the risk of further policy tightening, saying inflation threats remain on the upside and "a lot of things" would need to g...
Asian Markets
Russian July inflation slows to 0.54% m/m
Russia's consumer price index (CPI) rose 0.54% in July after increasing 0.87% in June, data from the state statistics service showed on Wednesday.
Asian Markets
US investment-grade bond funds see $7 billion record weekly outflows
U.S. investment-grade bond funds and exchange-traded funds saw massive outflows in the week ended July 22, as an oil-driven inflation scare pushed Treasury yields higher and inves...
Asian Markets
Israel economy shrank 3.8% in first quarter amid Iran war
Israel's economy shrank an annualised 3.8% in the first quarter, the Central Bureau of Statistics said on Thursday, in its third estimate in which growth was hurt by Israel's ...
Asian Markets
IMF says hopes to engage on central banks' changes to forward guidance
The International Monetary Fund hopes to engage with central banks in coming months on changes in their use of forward guidance on monetary policy, a top official said on Wednesd...
Asian Markets
NY Fed says supply chain pressures eased in June
Global supply chain pressures eased in June, the Federal Reserve Bank of New York said on Monday, as the impact of the Middle East war began to fade.
Asian Markets
Fed's Hammack tells CNBC rate hikes may be needed to quell high inflation
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday it remains possible that she’ll advocate for higher interest rates if inflation pressures don’t moderate.
Asian Markets
Premature to talk about rate hikes, India cenbank chief tells ET Now
India's central bank chief said on Wednesday it was "premature" to talk about interest rate hikes at this stage of the policy cycle.
Asian Markets
More central banks signal plans to increase gold holdings, WGC survey shows
A record 45% of the reserve managers surveyed by the World Gold Council, up 2 percentage points from a year ago, expect to increase their own institutions' gold holdings over the ...
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