Latest in Central Bank Cuts
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - 4h -
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...ABC News - 14h -
US central bankers resist Trump’s pressure to cut interest rates
Also in today’s newsletter, the White House’s U-turn on freezing federal fundingFinancial Times - 15h -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - 13h -
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
US central bank holds rates steady as it resists Donald Trump’s calls to cut borrowing costsFinancial Times - 1d -
Trump bashes Fed after bank doesn't cut rates
President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...The Hill - 1d -
The Fed is getting a warning from another central bank about Trump’s tariff plan
All eyes were on the Federal Reserve’s first policy update of the new year on Wednesday, but the Bank of Canada also drew its fair amount of attention.MarketWatch - 1d -
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."CNBC - 1d -
Czech central bank head wants it to buy billions of euros in bitcoin
Governor tells FT ‘I like profitability’ and predicts others could follow his exampleFinancial Times - 2d -
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India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - 3d -
Political interference in central banks risks economic harm, ECB president warns
Comments by Christine Lagarde seen as veiled warning to Donald Trump, who demanded Federal Reserve lower interest rates ‘immediately’. Political interference in central bank policymaking could harm ...The Guardian - 3d -
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Lobsinger, Western Michigan Broncos square off against the Central Michigan Chippewas
Western Michigan Broncos (5-13, 2-4 MAC) at Central Michigan Chippewas (8-10, 2-4 MAC) Mount Pleasant, Michigan; Saturday, 7 p.m. EST BETMGM SPORTSBOOK LINE: Chippewas -5; over/under is 144.5 ...ABC News - 5d -
Apartment building collapses in central Turkey, trapping 2 people
Officials say rescuers are battling to reach two people trapped under a collapsed apartment building in central TurkeyABC News - 5d -
Central Connecticut State defeats Le Moyne 93-70
Led by Devin Haid's 20 points, the Central Connecticut State Blue Devils defeated the Le Moyne Dolphins 93-70 on Friday nightABC News - 6d -
A decade in the making, rapper Central Cee says you Can't Rush Greatness
The UK rapper releases his anticipated debut album after eight top 10 singles and years making music.BBC News - 6d -
Trump bashes bank CEOs at Davos: 'Open your bank to conservatives'
President Trump on Wednesday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...The Hill - Jan. 23 -
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - Jan. 23 -
Europe must be prepared for Trump tariffs, European Central Bank chief warns
European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.CNBC - Jan. 22 -
Statue of Peru’s Spanish conqueror Pizarro restored to central Lima amid controversy
Statue returns near former spot 22 years after removal in apparent attempt to rehabilitate Francisco Pizzaro’s legacy. An imposing bronze statue of Francisco Pizarro, Peru’s Spanish conqueror, has ...The Guardian - Jan. 19 -
Seventy killed in central Nigeria after fuel tanker flips over and explodes
Those who died had scrambled to take the fuel, which has rocketed in price amid an economic crisis. A fuel tanker exploded after flipping over in central Nigeria on Saturday, killing 70 people who ...The Guardian - Jan. 18 -
Three killed in strike on central Kyiv, Ukraine says
The attack struck the Shevchenkivskyi district, damaging civilian buildings and leaving a large crater in the road.BBC News - Jan. 18 -
Defense Contractor Anduril Plans New Military Drone Plant in Central Ohio
The Arsenal 1 plant, which will employ 4,000 workers, will start its high-tech production in July 2026.Inc. - Jan. 17 -
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Carney is now running for the Liberal Party leadership in Canada. What does his time in London tell us?BBC News - Jan. 17 -
Former Central Banker Mark Carney Seeks Leadership of Canada's Liberal Party
Carney promised an economic agenda focused on lifting the country from a period of stagnant growth.The Wall Street Journal - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
15 killed in an explosion and fire at a gas station in central Yemen
CAIRO — An explosion at a gas station triggered a massive fire in central Yemen, killing at least 15 people, health officials said Sunday.NBC News - Jan. 12 -
15 killed in explosion and fire at gas station in central Yemen
Health officials in central Yemen say at least 15 have been killed in an explosion and fire at a gas stationABC News - Jan. 12 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Marie Winn, Who Wrote of a Famous Central Park Hawk, Dies at 88
She chronicled the melodrama of Pale Male, a red-tailed hawk who became an avian sensation as it took up residence atop a Manhattan apartment building.The New York Times - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Bitter cold envelops US south as central states recover from freeze
Polar vortex chilled central US, downing trees, blasting snow, shuttering schools and causing traffic pile-ups. The next round of bitter cold enveloped the southern US on Tuesday, after the first ...The Guardian - Jan. 7 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3