ECB cannot lower rates too quickly, Holzmann says
VIENNA (Reuters) – The European Central Bank cannot lower rates too quickly given issues including stubbornly high core inflation, policymaker Robert Holzmann said on Tuesday, while maintaining that the next rate decision would depend on data available then. “I don’t think
India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
By Nikunj Ohri NEW DELHI (Reuters) -India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept. It is likely to
Economic woes not a deal breaker as China’s Lunar New Year travel rush kicks off
By Liz Lee BEIJING (Reuters) – The annual travel rush for China’s Lunar New Year celebrations officially began on Tuesday, with many taking a mental break from their worries about the future to reunite with family or take a holiday. The
Futures higher, PPI ahead, LA wildfires in focus – what’s moving markets
Investing.com – US stock futures pointed into the green as investors geared up for more economic data and the release of corporate earnings from major Wall Street lenders this week. Traders are awaiting a reading of producer prices on Tuesday, with
Exclusive-Syria’s new central bank chief vows to boost bank independence post Assad
By Timour Azhari DAMASCUS (Reuters) – Syria’s new central bank governor, Maysaa Sabreen, said she wants to boost the institution’s independence over monetary policy decisions, in what would be a sea change from the heavy control exerted under the Assad regime. Sabreen,