Warsh faces Fed independence test as Bessent moves in on central bank's turf

Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in ...

U.S. retreat from global order ‘eroding’ European competitiveness, central bank boss warns

ECB chief Christine Lagarde called for better integration across the region if Europe wants to compete in the age of AI.

Indian central bank sticks to intervention streak to defend rupee, traders say

MUMBAI, Aug 21 (Reuters) - The Indian central bank likely intervened in the foreign exchange market on Friday, three traders ...
Marketplace

As central bank bigwigs gather in Jackson Hole, local businesses carry on

Fed Chairman Kevin Warsh and other central bankers will be in Jackson Hole, Wyoming next week for a conference. Meanwhile, ...

Mexico central bank signals prolonged pause in rates

By Kylie Madry MEXICO CITY, Aug 20 (Reuters) - Mexico's central bank struck a cautious tone in minutes published on Thursday, ...

Fed's Kashkari says central bank should raise interest rates now to avoid 'entrenched inflation problem'

Neel Kashkari says corporate earnings and a resilient labor market show monetary policy isn't restrictive enough to bring inflation back to target.
Futurism

European Central Bank Warns That AI Crash Is Looming

A new analysis by economists and financial researchers at the European Central Bank warns of an impending AI bubble crash.

Sweden’s Central Bank Holds Key Rate and Still Sees Chance of a Hike Later This Year

Riksbank policymakers have held rates steady for seven consecutive meetings, adopting a wait-and-see stance to monitor ...

Central Bank of India holds mega outreach in Hyderabad

Central Bank of India’s Hyderabad Region organised a Mega Retail Outreach Programme to boost retail lending and customer engagement. The campaign saw sanctions worth Rs 172 crore, with Rs 125 crore ...