Tag: Inflation

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Sterling bouncing back

Sterling rebounded by snapping three straight days of losses. It was on course to regain the ground lost since the announcement of a UK...

FTSE 100 rebounds as mining, banking stocks jump

Miners and bank stocks helped the FTSE 100 rebound after surging coronavirus cases and fears of an economic slowdown pushed the index to a two-month low...

BoE’s Broadbent sees reasons for inflation tide to ebb

Bank of England Deputy Governor Ben Broadbent said that a current spike in prices is unlikely to create longer-term inflation pressures but central bankers...

ECB pledges low rates for even longer to support prices

The European Central Bank pledged to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise...

A fine mess: Weak inflation prompts a global central bank reset

It is an article of faith among central bankers that the decisions they make about how much money to create and what interest rate to...

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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

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