BEIJING, March 8- It will be hard for China to avoid short-term economic pain from interest rate reforms, central bank governor Zhou Xiaochuan was quoted by state television on Saturday as saying.» Read More
*Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russian assets tumbled and the central bank hiked interest rates on Monday as markets took fright at the escalating tensions with neighbouring Ukraine.
*Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russia's central bank hiked its key lending rate by 1.5 percentage points on Monday after the rouble hit an all-time low on President Vladimir Putin's declaration at the weekend of his right to invade Ukraine.
MOSCOW, March 3- Russian central bank hiked its key lending rate on Monday to 7 percent from 5.5 percent due to an increased risk to financial stability and inflation. The Russian rouble fell to all-time low against the dollar and the euro after President Vladimir Putin declared at the weekend the right to invade Ukraine.
LONDON, March 2- Take your pick of the most important economic event of the coming week- forward-looking global activity data, interest rate decisions in Europe or a spot-check on U.S. jobs after a month of particularly bad weather.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories.
*Fed to buy $1 bln to $1.25 bln debt maturing 2036-2044. NEW YORK, Feb 28- U.S. "This is profit taking because rates are so low that any news that works against bonds tends to bring an exaggerated reaction," said Jim Vogel, an interest rate strategist at FTN Financial in Memphis.
NEW YORK, Feb 28- Financial market turbulence will likely return when the Federal Reserve decides to hike interest rates, top U.S. economists said in a paper that warns of the potential consequences of the Fed's extraordinary stimulus program.
NEW YORK, Feb 28- The market turbulence of last year's "taper tantrum" is likely to return when the Federal Reserve decides to raise interest rates, some top U.S. economists concluded in a research paper that warns that more policy stimulus today can spark bigger disruptions in the future.
"Wealth redistribution" policies in D.C. are hampering the economy, real estate mogul Sam Zell told CNBC. He also advocated that the U.S. refocus on growth.
CNBC's Rick Santelli has the latest read on how consumers feel about the economy.
CNBC's Rick Santelli has the latest numbers on Midwest manufacturing.
CNBC's Rick Santelli discusses the latest action in the yield curve and the jump in the euro.
*Bank of Canada had expressed fears over weaker growth. OTTAWA, Feb 28- Canada's economy grew more than expected in the fourth quarter of 2013, a development that could help kill off any remaining market chatter that the Bank of Canada might cut interest rates to boost growth.
If the slowdown in the U.S. economy turns out to be more than just weather, St. Louis Fed's Bullard is still unlikely to revise his positive forecast.
SHANGHAI, Feb 28- China's central bank delivered two major surprises to investors this week: it engineered a sharp decline in the yuan against the dollar and at the same time relaxed its tight grip on money markets that had kept interest rates firm.
*Current account surplus $0.22 bln in Jan vs $2.53 bln surplus in Dec. BANGKOK, Feb 28- Thailand reported a fresh set of weak indicators on Friday, producing more evidence that the country's political crisis is hurting the economy and adding to pressure on the central bank to cut interest rates.
ATLANTA, Feb 27- The Federal Reserve will probably keep benchmark interest rates low for "quite a while" even as the U.S. central bank begins to raise them from their current near-zero level, a top Fed official said on Thursday.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
LONDON, Feb 27- The Bank of England's revamped forward guidance has split economists in a Reuters poll as to whether it has improved clarity about where British interest rates are headed.
LONDON, Feb 27- Britain's financial regulator has issued its third warning notice to date to an individual trader for "significant failings" over nearly two years, as part of an investigation into manipulation of benchmark interest rates.