Reserves
More central banks to increase gold reserves within 12 months
More central banks plan to add to their gold reserves within a year and more of them expect others to do so as well, due to ongoing macroeconomic and...
BOE reserves enter UK election debate as politicians chase cash
UK politicians are mulling changes to the way the Bank of England (BOE) pays out interest to commercial banks as they look for ways to generate more fiscal headroom...
US Federal Reserve’s rate meeting minutes show growing inflation concerns
A STRONG US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its...
US Federal Reserve’s rate meeting minutes show growing inflation concerns
A STRONG US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its...
Interest rates should stay on hold ‘for a while longer’: Federal Reserve’s Kashkari
MINNEAPOLIS Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where...
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
AFFILIATES of Vietnam’s state oil firm PetroVietnam have made two new oil findings with combined initial reserves of 100.5 million barrels of crude oil, its exploration and production arm...
Federal Reserve’s Bostic reiterates rate cut is not likely until end of year
FEDERAL Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable keeping interest rates steady, reiterating he doesn’t think it will be appropriate to lower borrowing costs until toward...
Absolutely no urgency to cut US interest rates: Federal Reserve’s Daly
SAN Francisco Federal Reserve President Mary Daly said on Friday there is still “a lot of work to do” to make sure inflation is on track to the Fed’s...
