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’s central bank raises rates to fight inflation from Iran war, the Fed to decide next week
FRANKFURT, Germany (AP) — The European Central Bank on Thursday became the first major central bank to raise…
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as it seemed…
Europe Watches Its Economic Recovery Fade Into the Distance
When the war began in the Middle East and energy prices soared, Europe braced for a sharp, short…
How the Iran war is changing central bank decision making
We’re heading into central bank rate-setting season: June edition. The biggies on the calendar include Canada on June…
Factories face soaring costs as Iran war causes supply shocks
By Jonathan Cable, Leika Kihara and Lucia Mutikani LONDON/TOKYO/WASHINGTON, June 1 (Reuters) – The economic shock from the…
The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand
The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its…
The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand
(Bloomberg) — The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows…
Central banks face policy trap as Iran war drives inflation shock just as growth momentum fades
The war in Iran has thrust the world’s major central banks into a familiar — and deeply uncomfortable —…
Global Bond Rout Eases as Oil Spurs Trader Rethink on Rates
Bloomberg (Bloomberg) — Global bond markets trimmed some of their hefty losses on Monday after oil prices reversed…
Economic leaders at Davos say global growth is resilient despite Trump disruption
DAVOS, Switzerland (AP) — Leading global economic policymakers at the World Economic Forum in Davos urged countries and…
Ashes Daily, Fourth Test, Steve Smith eyesight, Brendon McCullum England coach replacement, Monty Panesar comments
Stand-in Australian skipper Steve Smith has revealed the events leading up to his late withdrawal from the third…