The Bank of Japan (BoJ) has raised its short-term policy interest rate to “about 1%”, lifting borrowing costs to their highest level in 31 years as...
US inflation accelerated to 4.2% in May, the highest level since April 2023, driven by a surge in energy prices linked to the Iran war. Inflation...
US crude oil reserves have fallen to their lowest level since 2004 as the energy market impacts of the war with Iran continue to expand. Meanwhile,...
A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
Kevin Warsh, Donald Trump’s nominee to lead the Federal Reserve, has signaled his support for a modernized version of the 1951 Fed-Treasury Accord, a move that...
Kevin Warsh, Donald Trump’s nominee to lead the Federal Reserve, has argued that American interest rates should be lower. According to a report by the Financial...
Officials at central banks in Europe are stepping beyond their traditional roles as guardians of price stability. According to Bloomberg, European Central Bank (ECB) President Christine Lagarde...
On Monday, US and European central bankers presented opposing arguments on stablecoins. While Federal Reserve Governor Christopher Waller supported private sector cryptocurrencies, Bundesbank President Joachim Nagel...
While President Donald Trump’s trade war has tied the Federal Reserve’s hands, it is pushing central banks in Europe to support their economies by lowering interest...
China’s government warned on Monday that countries negotiating trade deals with US President Donald Trump would be hit with countermeasures if they harmed China’s interests. The...
