Colombia central bank holds benchmark interest rate at 9.50% in surprise move
Colombia's central bank held the benchmark interest rate at 9.50% on Friday, surprising the market, which expected policymakers to vote for a second consecutive 25 basis point cut. The decision was ...
Trump is getting the lower interest rates he demanded from everyone but the Fed
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
4 Bank Of England Scenarios, With A Rate Cut Widely Expected
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption
The IMF was not ready to extend a loan to El Salvador without concessions on the country’s ongoing Bitcoin adoption efforts.
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
But in some instances, traders must deliver physical gold to fulfill some of their futures contracts. Fears around Trump’s ...
ECB should use bond buys more sparingly in future, Knot says
The European Central Bank should use bond purchases more sparingly in the future given costly side effects, Dutch central ...
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
With Trump, Ukraine renews appeal to seize Russia’s frozen billions
With U.S. military aid to Ukraine in doubt, Zelensky hopes to convince Trump to get the Europeans on side for confiscating ...
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Stock market today: Global stocks mostly higher after Wall Street tech gains
World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit ...
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How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
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CBL Board holds first 2025 meeting in Tobruk. Visit Derna and meet Hafter – report and comment
Unprecedently, the CBL Governor and Board met with the Director General of the Development and Reconstruction Fund, Belgassem Khalifa Hafter, the son of the very Khalifa Hafter, and his team to see ...