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…
Ex-Fed Official Sees Secular ‘Shocks’ Ahead From Extreme Weather
The Federal Reserve’s former top-ranking official overseeing climate risk says the US economy faces a series of long-term,…
Europe’s top central banker says economy holding up better than expected in face of Trump tariffs
FRANKFURT, Germany (AP) — Europe’s economy is holding up better than expected in the face of U.S. President…
Euro zone consumers cut spending on tariff fears, shun US goods, ECB says
FRANKFURT (Reuters) -Euro zone consumers have altered their consumption habits in anticipation of U.S. tariffs, moving away from…
EU Commissioner Promises Action on Pensions, Crypto by Year End
The European Union has set itself a year-end deadline for taking the next steps to boost pension investment…
Draghi Laments Pace of Change in EU as It Lags Global Rivals
The European Union is moving too slowly in its efforts to boost economic competitiveness, with the region “failing…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…