Global Inflation to Linger and Fed to Hike Again, OECD Says
(Bloomberg) — Inflation around the world will be faster than forecast in 2027, an outlook that necessitates more…
President of one of Europe’s biggest banks says region needs its own AI to protect its autonomy and economy
European Central Bank president Christine Lagarde has delivered a stark warning, stating that Europe must evolve into a…
ECB raises interest rates as Iran war fans inflation fears
By Reinhard Becker BERLIN, Sept 10 (Reuters) – The European Central Bank raised interest rates on Thursday for…
Despite contactless payments, euro banknotes in circulation have risen from about €1 trillion in 2016 to €1.6 trillion as Europeans keep emergency cash ready for crises and cyber outages
The European Central Bank (ECB) says the growing amount of cash being held, despite its declining use in…
Traders see September rate hike as ECB mulls energy price spike
Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany,…
Europe rethinks capital rules after US retreat
BASEL: The European Union’s (EU) top financial services official has downplayed the prospect of completely axing a contentious…
AI boom’s US employment, wage impact muted so far, ECB study finds
FRANKFURT, June 22 (Reuters) – A boom in the use of artificial intelligence may displace some workers, but…
Charting the Global Economy: Warsh’s Tenure at the Fed Begins – Bloomberg.com
Charting the Global Economy: Warsh’s Tenure at the Fed Begins Bloomberg.comUS Federal Reserve holds rates steady, raises inflation expectations RNZExplained:…
Amid geopolitical uncertainty, China trims US Treasury holdings to 18-year low
China trimmed its holdings of US Treasuries to an 18-year low in April as it continued to diversify…
EU must tap trillions of euros in private savings to keep up with US and China, investors say
(Adds bylines and tag) By Charlie Devereux and Yoruk Bahceli LONDON, June 16 (Reuters) – Europe must tap…
ECB June hike a done deal, another likely in September, economists say
(Fixes formatting) By Indradip Ghosh BENGALURU, June 3 (Reuters) – The European Central Bank is set to raise…
Euro’s global role stays flat despite US policy uncertainty
Investing.com — The euro’s share of global markets remained largely unchanged last year at around 20% as the…