Euro zone bond markets point to stagflation
Short-dated euro zone bond yields jumped. Long-term inflation expectations hit a new seven-year high. This is by putting pressure on European Central Bank officials for addressing...
EU pledges faithful application of global bank capital rules
The European Union published draft laws to faithfully implement the final batch of tougher global bank capital rules from 2025. After the initial rules, banks in Europe...
Emerging economies have embraced digital banking
It’s now entirely uncontroversial to make payments, transfer money, and communicate with banks entirely through mobile apps and websites. The rise of online-only challenger...
IMF Chief economists backs exemptions to German debt brake
Germany should apply its debt brake more flexibly and suspend it again if needed to favour investment. The International Monetary Fund’s chief economist told...
G20 finance chiefs back tax deal
Finance leaders from the G20 major economies endorsed a global deal to revamp corporate taxation. They pledged to sustain fiscal support for their economies....