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Central bank governors are hesitant about sudden policy changes

Central bank governors are hesitant about sudden policy changes

Top central bankers from the world’s largest economies convene on Tuesday in Sintra, Portugal, to discuss monetary policy as markets prepare for th...
UK’s inflation recovery outlook still unclear as BOE Governor hints at rate cuts

UK’s inflation recovery outlook still unclear as BOE Governor hints at rate cuts

The BOE is expected to cut interest rates in August, but it is still watching inflation closely.
The euro is approaching a critical level above $1.20 - ECB’s Guindos warns

The euro is approaching a critical level above $1.20 - ECB’s Guindos warns

ECB Vice President Luis de Guindos said the euro going above $1.20 could cause problems, but current levels are fine.
Trump’s return has destabilized global economic policy discussions at a key ECB summit

Trump’s return has destabilized global economic policy discussions at a key ECB summit

Five months into Trump’s second presidency, the economic fallout has become impossible to dodge,  and on Tuesday, it officially hijacked the agenda...
Europe fears economic fallout with Trump’s potential return to the White House

Europe fears economic fallout with Trump’s potential return to the White House

European central bankers are losing sleep over the possibility of Donald Trump returning to the White House. The fear is clear. Trump’s aggressive ...
U.S. jobless claims increase for ninth straight week, highest since 2018

U.S. jobless claims increase for ninth straight week, highest since 2018

The U.S. has seen jobless claims rise for the ninth week in a row, marking the longest streak since 2018. The latest figures show 1.858 million peo...
Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later

Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later

Fed Chair Jerome Powell says the US is on an unsustainable fiscal path and that it should be a “top-level issue.” In a new discussion at the ECB Fo...
European Central Bank Raises Interest Rate by 0.25%

European Central Bank Raises Interest Rate by 0.25%

The European Central Bank (ECB) has increased interest rates by 0.25%. This is the ninth consecutive rate hike…