Europe’s banks face ‘unprecedentedly high’ risk of shocks, ECB warns
FRANKFURT (Reuters) -Euro zone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial…
World Economy Latest: Lack of Broad Growth Is Test for Euro Area
Euro-area economic growth picked up slightly in the third quarter, yet activity in nearly half the bloc is…
ECB’s Schnabel Sees Price Risks Tilted ‘a Little Bit’ to Upside
Risks to inflation in the euro zone are skewed to the upside as the economy gathers momentum and…
Italy’s Deputy Prime Minister Urges ECB to Cut Rates, Restart QE
Italian Deputy Prime Minister Antonio Tajani called on the European Central Bank to lower borrowing costs and resume…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Euro Zone to Get Hard Data on Tariff Damage as ECB Sets Rates
Europe will get a rigorous economic health-check this week, helping gauge the impact of US tariffs on growth…
North America Set to Cut Rates as Rest of G-7 Looks On
The Marriner S. Eccles Federal Reserve building in Washington, DC. (Bloomberg) — Policymakers in Washington and Ottawa will…
North America Set to Cut Rates as Rest of G-7 Looks On
Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those…
Euro-Zone Business Activity Unexpectedly Hits Highest Since 2024
Business activity in the euro area unexpectedly reached its highest level since May 2024 as outperformance by Germany…
Ex-UBS Chairman Weber Warns AI Ushering In New Era of Inequality
Former UBS Group AG Chairman Axel Weber has warned the coming disruption from artificial intelligence could usher in…
UK Explores Private Credit Stress Tests as Risk Worries Grow
The Bank of England has begun industry outreach about stress testing the private credit market, as Governor Andrew…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…