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Inflation heats up in April, prompting Fed to face critical questions
Banking

Inflation heats up in April, prompting Fed to face critical questions

Inflation ran hotter than expected in April, coming in above expectations, according…
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Pete Sadler
Climate change projected to fuel inflation in the next decade, warns ECB
Banking

Climate change projected to fuel inflation in the next decade, warns ECB

Climate change will increase global inflation by as much as one percentage…
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Pete Sadler
Credit Suisse Directed to Pay $926 Million in Georgia Prime Minister Case
Banking

Credit Suisse Directed to Pay $926 Million in Georgia Prime Minister Case

Credit Suisse CSGN.Shas been ordered to pay $926 million compensation after…
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Pete Sadler
Reuters Poll: Kenya's Central Bank to Keep Rates Unchanged at 9.50% on May 29
Banking

Reuters Poll: Kenya's Central Bank to Keep Rates Unchanged at 9.50% on May 29

Kenya’s central bank will hold interest rates at 9.50% on…
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Pete Sadler
Bank of Japan Expected to Maintain Yield Curve Control until 2024, According to Reuters Survey
Banking

Bank of Japan Expected to Maintain Yield Curve Control until 2024, According to Reuters Survey

The Bank of Japan (BOJ) will likely maintain its yield curve control…
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Pete Sadler
Tokyo Inflation Decelerates, Aligning with BOJ's Current Price Outlook
Banking

Tokyo Inflation Decelerates, Aligning with BOJ's Current Price Outlook

Inflation in Tokyo slowed in May, an outcome that offers support for…
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Pete Sadler
Fed Interventions Gain Spotlight as US Faces Impending Debt Deadline and Default Risk
Banking

Fed Interventions Gain Spotlight as US Faces Impending Debt Deadline and Default Risk

Evidence that Federal Reserve policymakers recently discussed potential interventions in markets after…
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Pete Sadler
Bank Borrowings from the Federal Reserve Remain Stable, Showing Little Change Compared to Last Week
Banking

Bank Borrowings from the Federal Reserve Remain Stable, Showing Little Change Compared to Last Week

Borrowing from the Federal Reserve’s backstop liquidity facilities were little changed…
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Pete Sadler
JPMorgan Enters the AI Space with Development of ChatGPT-like Platform for Investment Guidance
Banking

JPMorgan Enters the AI Space with Development of ChatGPT-like Platform for Investment Guidance

JPMorgan Chase is developing a ChatGPT-like software service that leans on a…
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Pete Sadler
Chinese Yuan Bounces Back as State Banks Sell Dollars to Provide Support
Banking

Chinese Yuan Bounces Back as State Banks Sell Dollars to Provide Support

China’s yuan rebounded from a near six-month low against the dollar…
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Pete Sadler
Lebanon Receives $300 Million Funding Boost from the World Bank
Banking

Lebanon Receives $300 Million Funding Boost from the World Bank

The World Bank will dispatch $300 million in additional financing for the…
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Pete Sadler
Hungary's Central Bank Makes Adjustments to Required Reserve System
Banking

Hungary's Central Bank Makes Adjustments to Required Reserve System

Hungary’s central bank has decided to make changes to commercial banks’…
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Pete Sadler
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