It was the first major Western central bank to reduce interest rates back in March.
UK finance chiefs are banging the drum for one major reform to boost economic growth
U.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country.
UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union.
Book Excerpt: Trailblazers, Heroes, and Crooks
We rely on autopilots in investing. Stephen Foerster draws on lessons from aviation to demonstrate that we often don’t understand how they work and their limitations.
Book Review: The Puzzle of Sustainable Investment
Lukasz Pomorski adeptly discusses the good, the bad, and the unknown of sustainable investing while acknowledging that the answer to some of the critical questions is the dreaded “it depends.”
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.
Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
Japan’s Nikkei leads gains in Asia-Pacific markets as investors digest outsized Fed rate cut
Investors in Asia will parse Fed’s decision, New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
Will the U.S. elections impact crypto markets? Insiders weigh in
Crypto insiders on Wednesday downplayed the importance of of the U.S. presidential race on the market at the annual TOKEN2049 event in Singapore.
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.