Bank of Japan hikes rates to 31-year high to battle inflation
Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high.
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7 STORIESReporting and perspectives on inflation.
European markets recover ahead of expected Fed rate hike
European markets recovered modestly as oil prices and bond yields eased, while investors awaited the US Federal Reserve's decision on whether to raise borrowing costs for the first time in three years.
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Fed raises rates for the first time since 2023 in unanimous vote defying Trump
The Federal Reserve has raised its benchmark interest rate by a quarter point to a range of 3.75% to 4%, its first increase since July 2023, in a unanimous 12-0 vote that puts Chair Kevin Warsh directly at odds with the US president who appointed him.
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US 10-year Treasury yield breaches 5% as global bond sell-off deepens
The benchmark 10-year US Treasury yield briefly touched 5.011% on Monday, its highest level since October 2023, before retreating.
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Trillions sitting idle: Here's how much money Europeans are losing on savings
Europeans are losing an average of €294 in purchasing power for every €10,000 they keep in the bank, according to a study from Revolut, which found €6.3 trillion sitting in low-yield deposits across 20 EU countries at a moment when Brussels is trying to push that money into capital markets.
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France cuts 2026 growth forecast as economy lags behind European neighbours
The government lowered its 2026 growth forecast from 0.7% to 0.5% after the economy contracted 0.2% in the first quarter and stagnated in the second, while INSEE cut its own projection to 0.4%, warning the economy was "losing ground."
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