European Central Bank Set to Slow Rate Hikes as Financial Conditions Tighten Rapidly

European Central Bank Set to Slow Rate Hikes as Financial Conditions Tighten Rapidly

The European Central Bank is expected to lift its benchmark rate by a smaller step...

Brazil Central Bank Keeps Interest Rate at 13.75%, Resisting Lula’s Pressure

Brazil’s central bank held its interest rate steady for the sixth straight meeting, sticking with...

Central Banks Bow to the Inevitability of Digital Currencies: FT

The official response to the financial distress precipitated by Silicon Valley Bank’s failure in the...

IMF Sees Uncertainty Over Japan’s Monetary Policy, Spillover Globally

The International Monetary Fund on Thursday warned of “uncertainty” around the direction of Japan’s monetary...

US Banking Contagion Spreads: Latest Updates

The worst banking crisis since 2008....

What If the Fed Has Lost Control?

The US economy and its financial system operate under the implicit belief that the Federal...

Dollar Under Pressure After Fed

The dollar remained pressured against most majors on Thursday, helping Sterling to its strongest in...

Gold Steadies After Fed-Driven Run To Near-All-Time Peak

Gold prices steadied on Thursday after accelerating to a near-record high as the U.S. Federal...

Stock Futures Slip as Regional Banks Tank

Concerns at PacWest weighed on the regional banking sector on Thursday. Stock futures slipped Thursday...

Global Markets-Waiting for ECB, Nervous About Fed Pivot and Banking Sector

Global stock markets sagged while the Japanese yen rose on Thursday in reaction to the...

PacWest Says in Talks With Potential Partners After Share Plunge

PacWest Bancorp said core deposits have increased since March and confirmed it’s in talks with...

First Horizon Shares Crash After TD Bank Deal "Terminated"

First Horizon Corp. shares crashed in premarket trading after Toronto-Dominion Bank published a statement outlining...

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