ECB resistance wavers as pressure mounts to seize Russian assets – POLITICO
Harijs Rokpelnis, a top official in the Greens and Farmer’s Union, a member of Latvia’s ruling coalition, said…
Monetary Policy
Australia’s central bank cuts rates, cautious on further easing
SYDNEY (Reuters) – Australia’s central bank cut interest rates on Tuesday for the first time since the depths…
UPSC Key:8 Feb 2025-RBI reduce Repo rate, H-1B visa paradox, and Manual Scavenging
Preliminary Examination: Economic and Social Development – Sustainable Development, Poverty, Inclusion, Demographics, Social Sector Initiatives, etc. Story continues…
Don’t fear the far right – POLITICO
Holzmann recalled that, back in the 1960s, the FPÖ was the first party to back Austrian membership of…
Russia’s central bank stops raising interest rates as political opposition mounts – POLITICO
The decision follows repeated outbursts from some of Russia’s most powerful industrialists, whose businesses have been squeezed hard…
Bank of England leaves key rate unchanged despite signs of economic slowdown – POLITICO
Inflation has come down sharply from a peak of over 11 percent in 2022, but the Bank has…
Pimco, Fidelity See Risk of More ECB Cuts Than Market Expects
(Bloomberg) — Pacific Investment Management Co. and Fidelity International are among investors who say the darkening economic outlook…
ECB cuts interest rates again as inflation eases and growth falters – POLITICO
The ECB also refrained from offering new guidance on the expected speed and scope of interest rate cuts…
Ruble tumbles as Russia’s war economy comes under increasing strain – POLITICO
The ruble has been under steady pressure all summer, as the price of oil — Russia’s most important…
Bank of England prepares to cut rates despite Trump election turmoil – POLITICO
Economic data The U.K.’s headline rate of inflation fell below the critical 2 percent level in October. Various…
IMF warns war and protectionism to hurt world economy – POLITICO
“We have three main policy recommendations,” Koeva-Brooks said, highlighting that the first is “for central banks to pivot…
BoE governor hits back at Liz Truss’ ‘deep state’ claims
Bank of England Governor Andrew Bailey hit back against former U.K. Prime Minister Liz Truss, saying her downfall…