Russia’s central bank tries to prop up ailing economy with rate cut – POLITICO
It’s unusual for a central bank to lower its policy rate while revising its inflation outlook upward, since…
EU ‘not ready’ to raid Russian assets for Ukraine loan, Belgian commissioner says – POLITICO
Lahbib’s comments followed the collapse of a plan to raid Russia’s sovereign assets that have been immobilized in…
Weak jobs market forced Fed to act despite high inflation, but fast cuts could threaten price stability – Fed Minutes
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
ECB’s Šimkus backs EU plan to mobilize Russian cash for Ukraine’s defense – POLITICO
“Wouldn’t we end up with an outcome that creates more risks for the euro?” he said, adding that…
Germany backs EU’s ‘creative’ plan to send frozen Russian cash to Ukraine – POLITICO
Supporters of the Commission’s plan claim that it would be legally secure as it wouldn’t technically expropriate the…
Central banks navigate economic, political and trade crosswinds
KUWAIT: This week saw pivotal key central bank decisions, political developments, and key economic data releases, driving market…
UK proposes using billions in frozen Russian cash for Ukraine loans – POLITICO
While the lion’s share of Russian assets — €185 billion — is frozen in the EU at Belgium-based…
G7 needs ‘decisive’ action to end Ukraine war, Canadian finance chief says – POLITICO
Asked whether Canada would want to be included in the first joint procurement round, which would set a…
Trump shouldn’t blame the EU for respecting America’s legacy – POLITICO
The European Commission sanctioned Google on Sept. 5, for abusing its dominant position in the bloc’s advertising technology…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…