Tag: Central banking
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Dallas Fed President Logan calls for ‘modestly’ higher interest rates
The policymaker said this week’s good inflation news wasn’t good enough.
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Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
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Watch Fed Chairman Kevin Warsh testify live before Senate banking committee
Part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House Financial Services Committee.
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Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank’s interest rate decision next week.
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Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee
In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed’s 2% target.
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Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years.
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Fed officials were split on direction of interest rates at last meeting, minutes show
The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.
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AI is outpacing the rules, Europe’s top bankers and regulators warn
Europe’s top bankers and financial regulators are grappling with how to better regulate AI risks.
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Weak jobs growth and easing oil prices reinforce expectations for Fed pause, analysts say
U.S. Fed is unlikely to raise interest rates for now, amid lower oil prices and eased tensions in the Middle East, analysts say.
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Watch Fed Chief Kevin Warsh and other central bank leaders talk rate policy at ECB forum: Live updates
The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
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