Central banking
Bank of England warns that higher rates ‘have yet to come through’
A member of the public walks through heavy rain near the Bank of England in May 2023. Dan Kitwood | ...
A Germany central bank official warns lenders as insolvencies rise
German banks enjoyed a strong third quarter, with Deutsche Bank posting a net profit of 1.031 billion euros ($1.13 billion) ...
UK’s Jeremy Hunt announces tax cuts
17 Mins Ago Labour’s shadow chancellor highlights impact of existing tax increases Beginning her response, the main opposition Labour Party’s ...
Increasing signs that the global economy is fragmenting
Focusing on Europe, European Central Bank President Christine Lagarde said that a continuous decline in the working age population looks ...
Mastercard says wide adoption of CBDCs would be ‘difficult’ right now
The difficult part of central bank digital currencies is adoption, said Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for ...
U.S. Treasurys ahead of Fed Chair Powell speech
U.S. Treasury yields rose on Thursday, with the 10-year Treasury reaching a fresh multiyear high as investors awaited remarks from ...
investor attention turns to key inflation reports
U.S. Treasury yields were mixed on Wednesday as investors looked ahead to the release of key inflation data that could ...
Dollar rides Treasury yields higher, yen battered
An attendant holds a sample of newly-designed Japanese 10,000 yen banknote, with three-dimensional holographic technology to prevent forgery, for a ...
Europe’s central banks pause for breath after mammoth rate hike run
The Bank of England and Swiss National Bank held interest rates steady this month, while the European Central Bank opted ...
BOJ leaves rates unchanged, maintaining ultra-loose monetary policy
In a policy statement after its September meeting, the Bank of Japan said it would maintain short-term interest rates at ...