ECB's Visco Optimistic that Declining Energy Prices Will Aid Inflation Control
The rapid decline in energy costs should help to tame inflation in…
Banking
Virtual Account Management Gains Traction Among Corporate Customers
How long is too long to open a corporate account? Many U.…
Japan's MUFG Empowers Domestic Banks in Issuing Stablecoins
Mitsubishi UFJ Financial Group (MUFG), the biggest financial institution in Japan, has…
Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports
The Fed signals a pause in rate hikes after June, with Morgan Stanley forecasting a lengthy hold before potential cuts begin - reshaping the outlook for bank margins.…
RBI-MPC Likely to Make Minor Downward Revision to Inflation Forecast: Bank of Baroda Chief Economist
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may…
ECB's Visco Expresses Preference for Gradual Rate Hikes Instead
The European Central Bank’s monetary policy is correct though a more…
Kenya Central Bank Deems Digital Currency Not a 'Compelling Priority'
Kenya’s central bank does not consider the issuance of a digital…
Carvana Scraps $1 Billion Debt Swap as Creditors Refuse to Agree
Carvana Co. canceled a $1 billion debt swap after a group of…
Fed Expected to Maintain Rate-Hike Pause Despite Robust Data
Federal Reserve officials, whose hike, skip or pause messaging on interest rates…
Fed Should Deliberate a Potential Half-Point Rate Increase in July, Advises Summers in Case of June Pause
The Federal Reserve should be open to raising interest rates by a…
El-Erian Highlights Fed's Message Problem Following Early Rate Pause Signals
The Federal Reserve shouldn’t have led investors to expect a pause…
JPMorgan Raises Expectations for India's 2024 Economy, While Exercising Prudence Due to Global Uncertainties
JPMorgan increased its 2024 economic forecast for India — but only marginally — saying…