New York Fed: Bank liquidity may be tighter than expected, with policy implications

Nov. 18 (Reuters) – The way the banking system manages its cash suggests that the financial system may not be as fluid as many now understand it, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Reserve Bank said. New York Fed on … Read more

EXCLUSIVE: Germany ramps up emergency cash plans to tackle blackouts

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand out emergency funds in the event of a power outage to keep the economy running as the nation prepares for possible power outages caused by the war in Ukraine, four people involved said. One person said plans include Bundesbank, Germany’s central bank, hoarding billions … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Lola’s honeymoon ends with markets amid concerns over spending plan

BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s honeymoon with markets appeared to be over on Thursday, as investors grew impatient with his desire to boost social spending without setting long-term fiscal rules or naming top economic policymakers. Brazil’s currency and the Bovespa stock exchange benchmark (.BVSP) Both jumped last week after Lula … Read more

Korean theme park developer’s default bond indicates broader pressure

SEOUL (Reuters) – A missed bond repayment by a South Korean theme park developer has shaken up the country’s financial markets and raised concerns about the possibility of a credit crunch similar to the one that plunged China’s real estate market and economy into crisis. . South Korea’s central bank and financial regulators scrambled this … Read more

BreakingViews: Xi’s contract with China needs more signatures

HONG KONG, Oct 23 (Reuters) – Xi Jinping effectively secured a third term as president at the just-concluded secret meeting of the Communist Party of China. His prize: a $16 trillion economy in a weak country, dependent on American technology and facing a demographic crisis. Xi also faces popular resentment over the economic pain his … Read more

Bank of England looks at market turmoil, “will not hesitate” to act

Register now to get free unlimited access to Reuters.com Register The pound briefly touched a record low against the dollar Clots continue to break down The Minister of Finance explains in detail the financial plans on November 23 The Bank of England is closely monitoring developments LONDON (Reuters) – The Bank of England said on … Read more

Britain is pushing investors to flee with historic tax and borrowing cuts

Kwarteng cuts top income tax rate in a rush of growth Huge increase in planned British government bond issuance Thrombosis suffers its biggest recession in decades The pound fell 3% to a 37-year low against the dollar LONDON (Reuters) – Britain’s new chancellor Kwasi Quarting unleashed historic tax cuts and massive borrowing increases on Friday … Read more

Reserve Bank of India raises interest rates again, a slim majority of economists expect a 50 basis point increase according to a Reuters poll

A picture of the logo of the Reserve Bank of India (RBI) at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo Register now to get free unlimited access to Reuters.com Register BENGALURU (Reuters) – The Reserve Bank of India is set to raise interest rates again next week, … Read more