 | | | | European companies are forecast to have coped with record inflation in the first quarter, but the big question for investors during the reporting season which begins in earnest next week will be their outlook for the rest of 2022. | | | | | | Governments must target fiscal support to vulnerable populations hit hardest by rising energy and food prices, and now facing growing food insecurity as a result of Russia's war in Ukraine, the International Monetary Fund (IMF) said on Wednesday. | | | | | | The average interest rate on the most popular U.S. home loan climbed to a 12 year high last week and fewer homebuyers sought properties in a sign that the Federal Reserve's aim of cooling the housing market may be beginning to have an impact, data from the Mortgage Bankers Association (MBA) showed on Wednesday. | | | | | | All large euro zone banks can withstand a full write-off of their Russian exposure and still respect their capital requirements, the European Central Bank's top supervisor Andrea Enria said in a letter published on Wednesday. | | | | | | The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn't cheap, and investors are betting that it's going to fall even further. | | | | | | As the Bank of Canada opens the door to hiking interest rates above a neutral setting for the first time in 14 years, the goal of taming inflation without triggering a recession is challenged by the multiple drivers of price pressures and record-high household debt. | | | | | | The Russian rouble firmed past 78 to the dollar in volatile trade on Wednesday, while stock indexes reversed earlier losses as the market watched developments around Ukraine and sanctions against Russia. | | | | | | A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for the first time in two years. | | | | | | If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will need to take even more aggressive action to bring down "much too high" inflation, Minneapolis Fed President Neel Kashkari said on Tuesday. | | | | | | The International Monetary Fund's new chief economist said on Tuesday he is concerned about increasing signals that inflation expectations are on the rise and may become entrenched at elevated levels, prompting more aggressive monetary policy tightening in advanced economies. | | | | | |
