Central banks

BoE governor says U.S. has a point on trade and calls for WTO reform and regulatory vigilance amid shifting global order.

Inflation climbed at the slowest pace since early 2021 in April, surprising economists who anticipated tariff-related increases.

The Brits believe transferring the assets into a special fund would be a step toward outright seizure.

Mario Draghi’s response to the problem a decade ago has backfired, new survey suggests.

Washington and Beijing are trading tariff blows. The EU could come out on top ― if it can rise to the challenge.

Downing Street said the move would promote regional stability and “encourage the return of Syrian refugees.”

Trump has repeatedly called on the Fed to cut borrowing costs, which would help boost the economy ahead of a potential hit to growth from tariffs.

The multilateral lender thinks the U.S. will be hurt more than either Europe or China by Donald Trump’s tariff blitz.

But the seventh consecutive cut may still not be enough to revive European economic fortunes.

U.S. president lashes his central bank nemesis for not cutting interest rates fast enough.

But Breeden said the impact on inflation, and therefore the Bank’s interest-rate decision in May, is uncertain at this stage.

The global risk environment has deteriorated and uncertainty has intensified, the central bank’s Financial Policy Committee said.

Germany keeps over €100 billion worth of gold reserves in the New York Federal Reserve.

Emergency measures as Ankara tries to stave off yet another financial crisis.

The U.S. president’s escalating trade war looms over a key summit of European leaders in Brussels today.

The Fed chief said “a good part” of a projection for higher prices is coming from tariffs.

Trump and Russia are pushing the EU toward a “Hamiltonian moment,” where common debt helps build greater federalism.   

Rating agency keeps negative outlook as “political deadlock and polarization” complicate the government’s effort to tackle debt.

ECB President Christine Lagarde has reiterated the central bank’s cautious stance, but opposition is growing at the Russian frontier.

Mark Carney, Canada’s likely next prime minister, continues to be held in high regard across the Atlantic, where he spent the better part of the last decade.

But policy easing is no longer on autopilot.

The euro surged against the dollar in early trading on Wednesday.