[ad_1] LONDON, Jan 26 (Reuters) – A “big bang” end for interest rate benchmark Libor in December this year could leave banks and their customers struggling to switch trillions of…
Tag: MMT
Canadian firms see labor market pressure easing, near-term inflation slowing
[ad_1] By Steve Scherer OTTAWA, June 30 (Reuters) – Canadian businesses see labor pressures easing and expect short-term inflation to edge down, the Bank of Canada said on Friday in…
C$ recovers from 2-week low ahead of BoC business survey
[ad_1] Canadian dollar gains 0.1% against the greenback Touches a two-week low at 1.3285 Canadian bond yields climb across the curve TORONTO, June 29 (Reuters) – The Canadian dollar edged…
US stocks fall on growth worries and China risk, before FOMC
[ad_1] Sept 20 (Reuters) – Wall Street’s main indexes tumbled on Monday, as concerns about the pace of a global recovery spurred a selloff across sectors at the start of…
Canada’s inflation rate slows, weakening case for a July rate hike
[ad_1] OTTAWA, June 27 (Reuters) – Canada’s annual inflation rate came in at 3.4% in May, its slowest pace in two years, data showed on Tuesday, weakening the case for…
ECB to come down on banks surfing market boom, Enria says
[ad_1] FRANKFURT, July 2 (Reuters) – The European Central Bank plans to come down on banks that are taking too much risk via financial instruments such as leveraged loans and…
Sweden’s central bank to report $7.7 bln loss for 2022
[ad_1] STOCKHOLM, Jan 11 (Reuters) – Sweden’s central bank expects to report a loss of 81 billion Swedish crowns ($7.72 billion) for 2022 due primarily to higher market interest rates,…
ECB’s Lagarde says euro zone recovery still fragile
[ad_1] [1/2] European Central Bank President Christine Lagarde arrives to a meeting of Eurogroup Finance Ministers at the European Council building in Luxembourg, Luxembourg June 17, 2021. Francisco Seco/Pool via…
Odey Asset Management suspends further funds after investor flight
[ad_1] LONDON, June 16 (Reuters) – Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund’s website showed. The hedge fund, once run by…
EU top court backs consumers in Polish FX mortgage case
[ad_1] WARSAW, June 15 (Reuters) – The European Union’s top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in a long-running case that the country’s regulator has warned…