Major Central Banks Use Shock And Awe Plan To Tame Inflation, Bar One
A look at where policymakers stand in the race to contain red-hot inflation.The Federal Reserve this week delivered its biggest interest rate rise in over a quarter of a century…
European Central Bank Set To Hike Rates To Combat Inflation
European Central Bank is expected to announce rate hikes to fight rising inflationFRANKFURT: The European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal…
Christine Lagarde, President Of The European Central Bank, Says Cryptocurrencies Are “Based On Nothing”
European Central Bank’s President Christine Lagarde wants regulation of cryptocurrenciesChristine Lagarde, the President of the European Central Bank, stated that cryptocurrencies were “based on nothing” and should be regulated to…
Dollar Hits Fresh 1 Month Low
The dollar hit a fresh one-month low on TuesdayLONDON: The dollar hit a fresh one-month low on Tuesday as the euro extended gains while a broad selloff in stock markets…
WEF’s Virtual Davos Summit Begins Tomorrow: PM Modi, Jinping To Deliver Special Addresses
World Economic Forum’s five-day online Davos agenda meet will start tomorrowNew Delhi/Davos: The World Economic Forum’s (WEF) five-day online Davos Agenda summit will kick off tomorrow on January 17, with…
European Central Bank Launches Pilot Project To Create “Digital Euro”
The initial “investigation phase” is to last two years and focus on the design of the digital euro.Frankfurt: The European Central Bank on Wednesday formally launched a pilot project to…