Chile to Restart Gradual Interest Rate Cuts as Economy See-Saws

Chile’s central bank will likely cut its benchmark interest rate by a quarter-point Tuesday, restarting a monetary easing cycle to boost the economy as it emerges from a rough patch in the second ... Read More

Colombia Government Plans ‘Generational Change’ for Central Bank

Colombia’s government wants to shake up the central bank whose policies it blames for the weak economy by appointing young economists with “fresh” ideas. Read More

Inflation’s down and the European Central Bank has cut rates, again. Next up: The Fed

With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers. Read More

Chile Economy Contracts for First Time in a Year as Recovery Stalls

(Bloomberg) -- Chile’s economy contracted on a quarterly basis ... From a year ago, it expanded 1.6%, the central bank reported on Monday. Chilean policymakers paused their easing cycle last ... Read More

UBS Should Increase Capital Levels, Central Bank Chief Tells NZZ

UBS Group AG should set aside more capital, Swiss National Bank President Thomas Jordan told Neue Zuercher Zeitung. Read More

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russian wartime growth will stagger next year as labor and sanction issues wear down the "overheating" economy, the country's central bank said in ... businesses to increase wages, in a big ... Read More

China to push supportive monetary policy as financial risks ease: central bank chief

China is gradually resolving a series of financial risks and will press on with a supportive monetary policy to ensure an economic recovery, the country’s central bank chief said on the weekend. Read More

Euro-zone economy handed surprise boost by Paris Olympics

The euro-area economy ... “It’s a tale of two worlds,” Cyrus de la Rubia, chief economist at Hamburg Commercial Bank, said Thursday in a statement. “With the temporary Olympic boost ... Read More

‘The time has come': Fed’s Powell sees rate cuts with inflation easing

JACKSON HOLE, Wyoming — Federal Reserve Chair Jerome Powell on Friday offered good news for the economy ... s hopeful that the U.S. will avoid recession. In remarks at the central bank ... Read More

Italian central bank chief calls for a common EU fiscal capacity

To ensure peace and prosperity, the EU needs a so-called “common fiscal capacity”, Fabio Panetta, the president of the Bank of Italy and a former member of the European Central Bank’s ... Read More