Fed’s Williams says more rate increases are likely as inflation persists
New York Fed President John Williams said more interest rate increases are likely as the Fed works to lower high…
Forex News
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Canadian dollar holds near one-month low as U.S. producer inflation lifts Fed tightening bets
The Canadian dollar stayed near a one-month low against the U.S. dollar on Friday. Stronger underlying U.S. producer inflation reinforced…
Bank of England seen waiting until February for next rate rise, Reuters poll shows
Economists polled by Reuters expect the Bank of England to wait until early next year, probably February, before raising rates…
US producer prices rise 0.3% in October as annual rate hits 6.5%
US wholesale prices rose 0.3% in October, less than the 0.4% forecast, but the annual rate hit 6.5%, the highest…
UK, Singapore and Thailand central banks complete FX settlement trial linking traditional and tokenized systems
The Bank of England, the Monetary Authority of Singapore and the Bank of Thailand have finished testing a cross-border FX…
