 | | | | Investors are racing to work out how much monetary policy tightening the economy can handle as the U.S. Federal Reserve embarks on its rate-hike cycle, with some expecting an even steeper path ahead as others fret over possible missteps. | | | | | | China's top financial policymaker rescued stock markets from a bloodbath this week with a promise of stability, but plenty of investors reckon mere words will not restore lasting calm in an economy beset with multiple large risks. | | | | | | The Russian central bank will hold a policy meeting on Friday as sanctions over Russia's invasion of Ukraine leave the country increasingly isolated and devastate its economy. | | | | | | In March 2021, as the Bank of Russia hiked interest rates for the first time in three years, Governor Elvira Nabiullina wore a brooch in the shape of a hawk - the latest in series of such sartorial nods to policy picked up by the Russian media. | | | | | | The Bank of England looks set to press on with raising interest rates on Thursday as it tries to stop soaring inflation from becoming engrained in the British economy. | | | | | | Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months ago, getting them to about 1.9% by the end of the year as they try to tamp down soaring inflation. | | | | | | The Federal Reserve raised short-term interest rates on Wednesday by a quarter of a percentage point and signaled that it plans to lift them further in the coming months to battle high inflation, a shift that will likely be felt by most households. | | | | | | The Russian rouble rose against the dollar in Moscow and offshore trading on Wednesday, although volumes remained thin and other Russian assets continued to be un-tradable. | | | | | | Big U.S. banks said on Wednesday they were raising their base lending rates by a quarter of a percentage point each, hours after the U.S. Federal Reserve increased its benchmark interest rate in a bid to contain stubbornly high inflation. | | | | | | Federal Reserve policymakershave made "excellent progress" on their plan for reducing the central bank's nearly $9 trillion balance sheet, and could finalize details at their next policy meeting in May, Fed Chair Jerome Powell said on Wednesday. | | | | | |
