Bulgaria won’t ‘do a Greece’ when it joins eurozone, central bank chief promises – POLITICO
New pressures Bulgaria’s central bank, too, will face a significant adjustment. Under the currency board regime, inflation has…
Trump CFPB cuts reviewed by Fed inspector general
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White…
Tariffs Prove Tailwind for Digital Wallets Cross Border
Beyond the headlines on tariffs, trade and their macroeconomic implications, the back and forth about exports and imports…
UK households rush to ‘hold physical cash’ as warning issued to millions
Households are seeking a safety net in time of global volatility, according to the Bank of England’s chief…
‘Real Chance’ US Economy’s Numbers Will Dip
“I think there’s a real chance numbers will deteriorate soon,” J.P. Morgan Chase CEO Jamie Dimon said in…
BoJ to pause hike in June, continue QT – Standard Chartered
Bank of Japan (BoJ) will hike by 25bps in Q4 on concerns over growth momentum. USD/JPY’s failure to…
EU announces punishing sanctions targeting Russian energy and banks – POLITICO
“We will have a presentation and first exchange of views among EU ambassadors (Coreper) still tonight,” said Ignacy…
Britain sanctions 2 Israeli ministers for ‘inciting extremist violence’ against Palestinians – POLITICO
In response, Israel said: “It is outrageous that elected representatives and members of the government are subjected to…
Debt Pressure Building Up for Canadian Businesses
– Delinquencies climb, credit demand dips, and regional cracks deepen – Equifax® Canada Market Pulse — Q1 2025…
China’s Central Bank adds more Gold in May – ING
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank…
Fed Vice-Chair Bowman Sharpens Focus on ‘Core Financial Risks’
Two days after being confirmed to be the Federal Reserve’s vice chair for supervision, Michelle Bowman said she…
EU frees up billions in Covid cash for defense spending – POLITICO
He added that the Spanish plan already included measures on cybersecurity, for instance, and that other countries have…