A Bank of England policymaker has urged for three additional interest rate cuts in 2025, warning that the inflation outlook ...

State-backed Italian bank Banca Monte dei Paschi di Siena said its bid for rival Mediobanca would start on July 14 after the ...

Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...

Federal Reserve Chair Jerome Powell said Tuesday the central bank would likely have eased interest rates this year if not for ...

ECB to pilot blockchain euro settlement system by 2026. The Pontes initiative will enable DLT transactions with central bank money.

Despite falling interest rates and rising tariffs, US bond yields, a weakening dollar, and soaring gold signal foreign ...

A surge in the "term premium" - compensation investors demand to hold longer-term debt - has also contributed to a nearly 11% ...

ECB’s Pontes and Appia plan aims to link DLT with TARGET Services and build a unified settlement system using central bank ...

Despite the uptick, the jobless rate is near historically tight levels. April's level equaled the eurozone's record-low rate, although it came after March's level had been revised higher to 6.4%. The ...

The European Central Bank should keep its deposit rate at the current 2% level unless new shocks materially change the ...

Bank of Portugal Governor Mario Centeno said that he wants to continue serving as head of the country’s central bank, days ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the economy, ...