BankingEuropean Central Bank lays out €1.3bn plan for development of digital euro – DL NewsJanuary 4, 202476The ECB plans to award nine-digit contracts for five initiatives in digital euro project.Amazon was selected in the past to...
CurrenciesDollar set for biggest daily jump since March as U.S. yields reboundJanuary 2, 2024180It fell 2% in 2023, snapping two years of gains due to investor expectations that the U.S. Federal Reserve will...
BankingEuropean Central Bank keeps its key interest rate at a record high. Now, when will it cut?December 14, 2023171FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said...
BankingGold prices slip as dollar firms; bank meetings, U.S. data in focusDecember 11, 2023160Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Friday, Oct. 13, 2023. SeongJoon Cho |...
EconomyInflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalledNovember 30, 202383LONDON (AP) — Europeans again saw some relief as inflation dropped more than expected to 2.4% in November, the lowest...
CurrenciesHas the European Central Bank become too powerful?November 23, 202363“Nothing is possible without people. Nothing is lasting without institutions," noted Jean Monnet, one of the European Union’s founding fathers....
BankingBank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil pricesNovember 2, 2023123LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of...
CurrenciesU.S. dollar tumbles to six-week low after soft jobs dataNovember 2, 202360United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington.Gary...
CurrenciesYen rises on speculation of Bank of Japan policy tweak; dollar ebbsOctober 31, 202360A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022.SeongJoon Cho...
BankingEurope’s central bank halts rate hikes as war in the Middle East casts a shadow over the economyOctober 26, 2023146FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday for the first time in over a...