AI is outpacing the rules, Europe’s top bankers and regulators warn
Financial regulation is struggling to keep pace with the rapid development of artificial intelligence, according to European policymakers,…
High inflation could linger despite Iran war ending, ECB’s Nagel says
Inflation is at risk of remaining above target despite the U.S. and Iran agreeing to end their war…
Debt, AI boom and economic fragilities raise global risks, BIS says
A Union flag flutters from a pole atop the Bank of England, in the City of London on…
South Korea chip workers’ bonuses puts central bank on inflation alert
An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response…
Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head…
ECB expected to raise rates as energy prices fuel inflation
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic…
ECB inflation outlook: Villeroy says bank ready to act
The European Central Bank “will do what is necessary” to keep inflation on target, one of its top…
Japan economy grows at annualized rate of 2.1% in the first quarter, beating expectations
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks |…
Central banks risk recession from rate hikes on oil shock: strategist
Central banks risk a global recession by raising interest rates in a bid to contain soaring energy costs,…
Australia reports lower-than-expected first-quarter inflation — but price growth hits 2-year high
SYDNEY, AUSTRALIA – DECEMBER 06: Pedestrians and shoppers move along George Street on December 06, 2024 in Sydney,…
ECB keeps markets guessing on rates, warns of ‘layer cake of shocks’
A stele with the inscription “European Central Bank – Eurosystem” stands in front of the European Central Bank…
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at…