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China’s PBOC holds steady on key policy rates
Market Watch· 5 days agoChina’s central bank kept its key policy rates unchanged on Monday, indicating a likely hold on the benchmark lending rate later this month. The People’s Bank of China injected ...
IMF suggests taxing CO2 emissions caused by AI
TechRadar· 4 days agoIn an effort to address the mounting environmental impacts of artificial intelligence, the International Monetary Fund (IMF) has suggested implementing a...
Gateway - Quartz
Quartz· 3 days agoAfter three years of zero-covid isolation took its toll on China’s economy, a drastic pivot away from pandemic restrictions was supposed to turbocharge an economic recovery. Beijing is worried ...
News Highlights: Top Global Markets News of the Day - Wednesday at 5 AM ET
Morningstar· 3 days agoEuropean Stock Markets Slip, Asia Gains Amid Fed Rate-Cut Hopes. Treasury Yields Suffer. Optimism about interest rates coming down extends beyond the U.S., where markets are closed for the Juneteenth ...
How French extravagance made Macron the new Liz Truss
The Telegraph via Yahoo Finance· 5 days agoAs a result, he said: “It is very important the ECB makes clear that we will not tolerate...
Indonesia Set for Hawkish Hold as Rupiah Drops on Fiscal Fears
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Indonesia’s central bank will likely hold its benchmark interest rate steady, while...
Central Bank Independence: Why It’s Needed and How to Protect It
IMF· 2 days agoToday I will be speaking about key developments in central banking—most notably, on the concept of central bank independence, and what central banks can do to safeguard independence and ensure ...
Dollar struggles for direction, euro close to 1-1/2-month low
Reuters via Yahoo Finance· 3 days ago(Reuters) -The dollar struggled for direction on Wednesday while the euro remained close to its...
Will SNB and BoE follow RBA's hold?
The Forex Market· 4 days agoIn a shift from its previous stance, the European Central Bank (ECB) cut interest rates for the first time in three years earlier this month on June 6th....
China Should Use Quantitative Easing If Needed: Ex-PBOC Adviser
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- China should shake off its “taboo” regarding quantitative easing — the...