Page 128 - Bon News Today

Italian inflation reached its quickest in more than a decade as surging energy costs continued to drive prices higher. The cost of living rose by 4.2% from a year ago in December, compared with a 3.

(Bloomberg) -- Chile’s central bank considered raising its key rate by 150 basis points earlier this month amid stronger-than-expected consumer spending, before settling on a 125-point increase to avoid surprising the market, according to the minutes of the meeting.

(Bloomberg) -- Vietnam’s government is seeking 347 trillion dong ($15.2 billion) in stimulus to lift an economy hobbled by the widespread outbreak of Covid-19, a significantly slimmed down proposal that nonetheless looks to assist businesses, workers and increase infrastructure spending.

(Bloomberg) -- Global central banks are set to spend 2022 diverging, as some take on the menace of inflation and others stay focused on boosting economic growth.

(Bloomberg) -- Gold was steady after posting its biggest drop in six weeks as bond yields surged, with investors bracing for monetary policy tightening in 2022.

(Bloomberg) -- A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity. Demand for liquidity may total about 4.

(Bloomberg) -- Poland staged the world’s first interest-rate hike this year, intensifying the battle against inflation that’s poised to hit its highest point this century. The Monetary Policy Council lifted the benchmark 50 basis points to 2.

(Bloomberg) -- Goldman Sachs Group Inc. is coming off its best year ever in Israel. But the hiring spree it’s planning is both a rebuilding effort and a growth push. After emerging as the top adviser on Israeli initial public offerings in the U.S.

(Bloomberg) -- Zambia’s central bank will bump up the size of its local-currency bond auctions by 73% this month to cash in on improved investor sentiment after the government moved closer to concluding a bail-out deal with the International Monetary Fund.

(Bloomberg Opinion) -- The much-trumpeted transition to living with Covid-19 means adjusting to monetary policy that is a bit less free and easy. The shift — easy to talk about, hard to execute — doesn’t mean signing up to an unqualified assault on inflation.