Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t…
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The…
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous…
Andrew Bailey, Governor of the Bank Of England, pauses before the start of the Monetary Policy Report press conference at the Bank Of England on February 6, 2025 in London, England. Kin Cheung – WPA Pool | Getty Images News | Getty Images Even if the U.K. is not the “direct recipient” of potential tariffs…
The Bank of England is widely expected to cut interest rates on Thursday, amid a complex backdrop of a tepid domestic growth outlook, an upcoming hike in taxes paid by businesses and U.S. President Donald Trump’s market-rattling tariff threats. As of Wednesday morning, Money markets were pricing in a 98% probability of a quarter-point rate…
Reuters An Israeli military commander said the Tayasir attack demonstrated the necessity of its operation in the northern West Bank Israel’s military says two soldiers have been killed in a shooting attack in the occupied West Bank, as its forces continue a major operation against Palestinian armed groups in the north of the territory. Another…
A total of 200 Palestinian prisoners have been released to jubilant scenes in the West Bank after Israel freed them in exchange for four female hostages held by Hamas in Gaza. More than half of the 200 released had been serving life sentences in Israeli jails – some were convicted of multiple murders, including the…
Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024. Kaylee Greenlee Beal | Reuters The Bank of Japan hiked rates by 25 basis points Friday…
The Euro sculpture near the Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Commerzbank is taking the precautionary move ahead of its engagement with UniCredit SpA, according to people familiar with the matter. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images European banking leaders are…
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points, according…
