Central banks like the Federal Reserve and the European Central Bank have spent the past two years aggressively raising interest rates to combat inflation. But do these policies actually work, or are ...
Central bank digital cash could see foreign currencies displace domestic money in national economies, with adoption of the tech also potentially boosting illicit capital flows without proper ...
Switzerland's central bank kept its policy rate at zero percent on Thursday, warning that massive US tariffs are weighing on the country's export-dependent economy. The Swiss National Bank (SNB) ...
Denver-based National Bank Holdings is sweeping into Dallas-Fort Worth by acquiring locally based Vista Bancshares for $369 million, giving the company a stronger foothold in Texas. According to chief ...
Fed fight: The Trump administration sought to convince a federal court that the president possesses vast powers and “discretion” to fire federal officials, as it raced to block Lisa Cook, a governor ...
Brazil’s central bank is expected to hold the Selic rate at 15% on Sept. 17 for a second straight meeting. Inflation pressures persist despite August’s rare monthly deflation, with annual prices still ...
Kevin Hassett, one of the leading candidates to succeed Jerome Powell as Federal Reserve chair, warned that the central bank’s credibility has been weakened by stretching beyond its legal mandate.
Bangladesh’s central bank is working to boost its reserves to about $40 billion by the end of the fiscal year in June in an effort to stabilize its exchange rate, Governor Ahsan H. Mansur said. “The ...
Valley National Bank and pharmaceutical giant Novartis are laying off more than 100 employees combined through June 2026, public filings show. Novartis, based in East Hanover, is laying off 58 ...
Mamo Mihretu has resigned as governor of the National Bank of Ethiopia after two and a half years, saying he is leaving government to “pursue other passions and tackle other challenges”. Appointed in ...
National Bank of Ethiopia Governor Mamo Mihretu has resigned after serving in the role for 2 1/2 years during which he helped implement extensive reforms to overhaul the nation’s economy. He is ...
The Royal Monetary Authority (RMA), in collaboration with the Ministry of Finance, announced a new initiative to promote and encourage digital payments, beginning this September. any development ...