European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.
Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.
New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
Your hosts wrote exactly one year ago that Congress was facing pressure to address sky-high costs for homeowners and renters — but that there was no clear path to a bipartisan compromise.
A coalition of leading African civil society groups called on the World Bank to exit its investments in for-profit hospitals, ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...
H e brandished a chainsaw at campaign rallies, to signify his eagerness to clear-cut the thickets of bureaucracy and ...
MUMBAI (Reuters) - The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see ...
Recent upticks in inflation- such as a jump to 2.4% in December, above the ECB's 2% target- have caused some jitters ...