Dollar steadies as traders weigh hotter-than-expected inflationThe U.S. consumer price index (CPI) increased solidly in February, beating forecasts and suggesting some stickiness in inflation.
ECB posts its first loss since 2004 after barrage of rate hikesCentral banks around the world have suffered financially from the combined effects of large asset-purchase programs conducted when inflatio...
ECB warns of losses as it pays price for decade of money printingCentral banks can generally function even if they make losses that deplete all of their capital - as has happened in recent decades in a nu...
ECB policymakers at odds on inflation strategy, hope for Sept dealEuropean Central Bank (ECB) policymakers are still some way apart on their new inflation strategy but hope to reach an agreement before deb...
ECB's Jens Weidmann drops opposition to green standards affecting bond purchasesThe policymaker dropped his opposition to taking such an active role in the fight against climate change.
Knights of the world’s financial tableThe board of governors— located in Washington, D.C. — is the governing body of the Federal Reserve System.
Cash rules everything around Germany in world that's using cardsIndia and China are both driving hard toward a cashless future, for different reasons. But, none of these novel methods is widely accepted ...
ECB opted for more time to analyze economic risks, accounts showThe European Central Bank said policy makers opted to take more time to analyze downside risks for growth and inflation in the 19-nation re...
- Germany's Bundesbank attacks European Central Bank's bond plan
Bundesbank holds to the opinion that government bond purchases by the Eurosystem are to be seen critically and entail significant stability...
- ECB raises rates to seven-year high point
The European Central Bank raised its key interest rates by a quarter of a percentage point as expected on Thursday, to the highest level fo...
- India becomes 5th largest holder of forex reserves
China leads the pack with $1,434 billion, followed by Japan ($946 billion), Russia ($440 billion) and Taiwan ($263 billion). For the tech s...