12+ hour, 47+ min ago  (263+ words) ECB becomes first major central bank to raise rates over energy shock upday News ECB becomes first major central bank to raise rates over energy shock The European Central Bank concluded in June that the energy shock hitting the eurozone…...

2+ day, 16+ hour ago  (438+ words) A European intelligence report warns Russia faces an "explosive" banking crisis that could be triggered by comprehensive sanctions against its financial sector. The assessment comes as the European Union prepares a 21st sanctions package targeting banks and cryptocurrency networks. The two-page…...

5+ day, 20+ hour ago  (579+ words) Asian countries are recalibrating their energy strategies after a four-month war in the Persian Gulf exposed critical vulnerabilities in their fossil-fuel supply chains. The crisis has accelerated plans for strategic reserves, diversified suppliers, and a faster transition to renewable energy…...

6+ day, 10+ hour ago  (511+ words) The Federal Reserve is expected to continue raising interest rates this year despite weak labor market data, while the European Central Bank may have already finished its tightening cycle. French chief economists outlined this divergence in monetary policy at France's…...

1+ week, 1+ day ago  (303+ words) European stock futures opened lower on Wednesday, continuing a cautious mood after investors navigated a turbulent quarter marked by energy shocks and concerns about an artificial intelligence bubble. The morning decline followed mixed Asian benchmarks and rising oil futures. Key…...

1+ week, 2+ day ago  (389+ words) Bank of England Governor Andrew Bailey has defended the central bank against accusations of complacency over inflation, responding to public warnings from his own chief economist. Bailey told CNBC he was "not happy" that UK inflation remains above the Bank's…...

1+ week, 2+ day ago  (456+ words) Global central banks plan to reduce their holdings of US dollars for the first time in three years, signaling a historic shift in reserve management driven by geopolitical uncertainty. A survey of 90 institutions managing over $10 trillion in assets reveals growing…...

1+ week, 4+ day ago  (522+ words) The Bank of England's chief economist has warned against growing complacent about inflation as he defended his recent push for higher interest rates despite being outvoted by colleagues. Huw Pill has been a lone voice calling for tougher action on…...

1+ week, 4+ day ago  (333+ words) The Bank for International Settlements has warned that the massive AI spending spree by tech giants could trigger a damaging "investment bust" that threatens global financial stability. The warning comes as major cloud providers are set to invest over $1 trillion…...

1+ week, 4+ day ago  (226+ words) Federal Reserve Chair Kevin Warsh will make his first public appearance outside the United States on Wednesday at the European Central Bank's annual symposium in Sintra, Portugal. The debut comes just weeks after Warsh took office in May, replacing Jerome…...