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ECB’s Kazimir shifts focus to gas prices, sees upside inflation risk
10+ hour, 21+ min ago (336+ words) FRANKFURT, Sept 14 (Reuters) – Euro zone inflation could turn out higher than already elevated projections and the development of natural gas and power prices is becoming a key concern, European Central Bank policymaker Peter Kazimir said on Monday. The ECB raised…...
Increase in key interest rates by 0.25% was necessary
15+ hour, 10+ min ago (441+ words) The decision to increase key interest rates by 0.25%, following yesterday's meeting of the Governing Council of the European Central Bank (ECB), is deemed "necessary," according to a written statement by the Governor of the Central Bank of Cyprus (CBC), Christodoulos…...
Fitch Solutions raises Ghana’s 2026 current account surplus forecast to 7.8%
22+ hour, 37+ min ago (274+ words) Fitch Solutions has raised its forecast for Ghana’s 2026 current account surplus to 7.8% of GDP, from an earlier projection of 5.2%, following a stronger-than-expected trade performance in the first half of the year. The research arm of global ratings agency Fitch Ratings…...
RMB internationalization 2.0: Where business flows, ecosystem grows
16+ hour, 35+ min ago (747+ words) Renminbi internationalization is entering what I would call its 2.0 window. The question is no longer simply whether the RMB appears in more cross-border transactions, but whether companies and investors are using it as a full-fledged international currency — to hold, hedge,…...
ECB lifts borrowing costs amid energy shock
19+ hour, 49+ min ago (585+ words) The European Central Bank raised interest rates Thursday for the second time this year as renewed Middle East fighting fans fears of higher inflation, and opened the door for further hikes. As widely anticipated, the central bank for the 21 eurozone…...
India Rises to Fourth-Largest Forex Reserve Holder
19+ hour, 32+ min ago (240+ words) The Indian EYE India Rises to Fourth-Largest Forex Reserve Holder India has overtaken Russia to become the world’s fourth-largest holder of foreign exchange reserves after its reserves recorded a historic weekly increase of $44.9 billion, reaching an all-time high of $785.7 billion…...
ECB chief Lagarde says euro-area inflation shock will last longer than expected
21+ hour, 15+ min ago (234+ words) Lagarde says the inflation shock from the Iran war has further to run, while separately warning that sky-high AI valuations could be due a correction. European Central Bank president Christine Lagarde said the current inflation shock facing the euro area…...
India to become world's largest economy this century: Top US economist
1+ day, 1+ hour ago (33+ words) | BRICS Summit was held from Sept 12-13 in India | Inshorts Inshorts India to become world's largest economy this century: Top US economist...
The Dollar Is Not Dying. But Something Is Changing.
22+ hour, 8+ min ago (33+ words) Every few years someone declares the end of dollar dominance. They have been wrong every time. The cracks appearing right now are different from …...
Kuchkarov Discusses Project Financing with Dilma Rousseff
1+ day, 4+ hour ago (360+ words) Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met with New Development Bank (NDB) President Dilma Rousseff on 12 September to discuss bilateral cooperation and prospects for expanding it. During the talks, the…...