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South Korea's Sticky Inflation Clouds Outlook for Rate Cuts bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Euro zone government bond yields fell on Thursday after the U.S. Federal Reserve raised interest rates by 25 basis points the previous day but signalled they were unlikely to climb much higher given the turmoil in global banking. ....
UPDATE 2-Bank of Portugal raises 2021 growth forecast, sees Q2 recovery reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UPDATE 2-Bank of Portugal raises 2021 growth forecast, sees Q2 recovery reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UPDATE 2-Mexico central bank holds rates in split decision, again cites pause US Dollar Report (Adds Bank of Mexico’s comments, background) MEXICO CITY, Dec 17 (Reuters) - Mexico’s central bank kept its benchmark interest rate unchanged at 4.25% on Thursday, as expected, but two of its five-member board wanted to lower rates and the bank hinted it may reduce borrowing costs in the coming months. “This pause provides the necessary room to confirm that the trajectory of inflation converges to the target,” the central bank said in a statement, the second month in a row it had used the word “pause” after leaving rates on hold. ....