Eurozone inflation slows despite rising cost of services – POLITICO
Despite a modest increase of only 0.1 percent in prices in October, services price inflation hit its highest…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have…
ECB keeps interest rates unchanged as economy withstands trade shock – POLITICO
ECB President Christine Lagarde confirmed during her press conference that “from a monetary policy point of view, we are in a…
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…
Bitcoin (BTC) Extends Losses as Powell Cautions Against Rate Cut Bets
Bitcoin slumped toward the lower end of its recent trading range as record rallies in other risk assets…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Fed has a rate cut plus a bunch of other things on its plate this week
Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall…
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…
Russia’s central bank tries to prop up ailing economy with rate cut – POLITICO
It’s unusual for a central bank to lower its policy rate while revising its inflation outlook upward, since…
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…
Turkish central bank cuts key rate to 39.5%, flags inflation risk
The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday,…
China Finds Costly New Way of Boosting Xi’s Global Yuan Push
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering…