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On inflation, central bankers shouldn’t take market’s word for it

Investors are pricing in the briskest inflation rates in decades for the United States and the euro zone but central bankers may...

Gold hovers near key $1,800 level as softer dollar lifts appeal

Gold prices held firm on Monday near the key level of $1,800 as a drop in the U.S. dollar bolstered bullion’s safe-haven...

Brazil markets extend tumble on Treasury officials’ exodus

Brazil’s currency and stocks extended losses on Friday following an exodus of senior Treasury officials after the government announced plans to ramp...

Riding the crypto rollercoaster: Bitcoin nears record high

Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures...

Bank of England’s Saunders says get ready for early rate rise

Bank of England policymaker Michael Saunders told households to get ready for “significantly earlier” interest rate rises as inflation pressure mounts in...

New Zealand joins the great central bank exit

New Zealand’s central bank hiked interest rates on Wednesday for the first time in seven years, becoming the second major developed economy...

Evergrande concerns weigh, Turkish lira nears record low

* Hong Kong stocks down more than 2% * Turkish inflation slightly below expectations in Sept

Dollar near 1-year high as Fed tightening in focus, Aussie climbs

The greenback hovered near a one-year high versus major peers on Thursday as expectations mounted that the Federal Reserve will taper stimulus...

ECB’s Lagarde promises not to overreact inflation surge

European Central Bank President Christine Lagarde played down inflation fears on Tuesday, and promised patience before policy tightening as the bank was...

Turkish central bank stuns lira with rate cut sought by Erdogan

Turkey’s central bank unexpectedly cut its policy rate by 100 basis points to 18% on Thursday, delivering stimulus long sought by President...