Tag: Central Banks
Virus Crisis Augurs an Inflation Breakout, Morgan Stanley Says
(Bloomberg) -- The coronavirus crisis is likely to bring an end to a 30-year run of disinflationary forces and herald the return of accelerating inflationary...
Gold Slides Toward $1,700 as Economies Show Signs of Restarting
(Bloomberg) -- Gold fell for a third day as a drumbeat of moves toward reopening economies plus gains in stocks eroded appetite for havens, with...
Oil Rollercoaster Has Crude Rebounding After Drop to 18-Year Low
(Bloomberg) -- Oil rebounded after plunging to the lowest level in 18 years as investors weigh efforts by policymakers across the globe to strengthen economies...
Gold Gets ‘Groove Back’ as Central Banks Seek to Bolster Growth
(Bloomberg) -- Gold jumped after the Federal Reserve cut its benchmark interest rate by a full percentage point to near zero, sending U.S. equity futures...
Carney Sees ‘Powerful’ Global Virus Response as G-7 Call Nears
(Bloomberg) -- Bank of England Governor Mark Carney said international policymakers are crafting a “powerful and timely” defense of the world economy against the spreading...