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  1. 1
    Fed holds rates steady as inflation reaches three-year high▼Fed holds interest rates steady as inflation hits 3-year high✉newsBusinessBanking26 min ago

    The US Federal Reserve has voted to keep interest rates unchanged as new figures show inflation climbing to its highest level in three years. The decision keeps borrowing costs at their current level despite persistent price pressures. Analysts are watching closely for signals on when the central bank might move, with the combination of a rate pause and rising inflation fueling debate about the economy's direction.

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    Powell to stay on Fed board after chair term expires●Fed chair Jerome Powell says he will stay on central bank's board after term expires next month✉newsBusinessBanking26 min ago

    Federal Reserve Chair Jerome Powell says he will remain a member of the central bank's board of governors after his term as chair expires next month. The announcement clarifies his immediate plans amid ongoing speculation about leadership changes at the Fed and scrutiny from the White House over monetary policy.

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    Poland's central bank caught in political contest▼Poland’s central bank trapped in ‘political contest’✉newsBusinessBanking26 min ago

    Poland's central bank is described as trapped in a political contest, according to the Financial Times. The report highlights growing tensions around the institution, suggesting its independence is under pressure amid a broader struggle over political influence in Poland. The row adds to scrutiny of the bank's leadership and policy decisions at a sensitive moment for the country's economy and institutions.

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    RBA Governor Michele Bullock says era of low interest rates is over●RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia▶youtubeBusinessBanking73K26 min ago

    Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, warning that borrowers should not expect a return to the cheap-money conditions of the past decade. Her remarks signal the central bank expects rates to stay structurally higher, a message with major implications for Australian mortgages, business borrowing and household budgets.

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    The Central Bank has announced a sweeping overhaul of its foreign exchange regulations, with the stated aim of easing trade. The reform is expected to simplify currency access for importers and exporters, though the bank has not yet detailed the full scope of the changes. Businesses and analysts are watching closely to see how the new rules will affect trade flows and the currency market.

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    Fed rate hike signals era of sticky inflation and stronger growth▼Federal Reserve rate hike reflects new world of sticky inflation, faster growth✉newsBusinessBanking26 min ago

    The Federal Reserve has raised interest rates, a move analysts describe as a response to a changed economic environment in which inflation is proving persistent and growth is running faster than expected. Commentators say the central bank is adjusting to an economy that no longer fits earlier assumptions about rapidly cooling prices, with higher rates intended to keep inflation on a path back toward target.

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    Analysts warn that recession risks are growing as the Reserve Bank prepares to raise interest rates again. Markets and commentators are weighing how further tightening will affect borrowing costs, household spending and economic growth. The prospect of another hike has sharpened debate over whether the central bank is moving too aggressively against inflation at the expense of the wider economy.

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    SNB Chief Schlegel Says Bank Comfortable on Inflation▼SNB Is in Comfortable Situation on Inflation, Schlegel Tells SRF✉newsBusinessBanking26 min ago

    Swiss National Bank chairman Martin Schlegel said the central bank is in a comfortable situation regarding inflation, speaking in an interview with Swiss broadcaster SRF. The remarks suggest Swiss price pressures have eased enough that policymakers see no urgent need to act, reinforcing expectations that the SNB can hold its current monetary policy stance in the near term.

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    Federal Reserve works on threshold plan▼Fed working on threshold plan✉newsBusinessBanking26 min ago

    The Federal Reserve is developing a threshold plan, according to news reports. Details of what the plan would cover and when it might be announced have not been made clear in the available reporting. The news is drawing attention because Fed policy decisions on interest rates and economic thresholds affect markets, borrowing costs and the broader economy.

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    The trending item is Episode 304 of a YouTube finance show called 'Finance Horn' discussing Taiwan's central bank keeping interest rates unchanged for a tenth consecutive meeting. The visible title frames it as a question about why the Central Bank of Taiwan is not moving on rates, suggesting the episode analyzes the reasoning behind the prolonged freeze. The evidence consists only of the video title and engagement count, so specific viewer reactions or detailed arguments made in the episode are not clear from the posts.

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    Iran's central bank reports slight easing of inflation in September●Iran central bank says inflation eased slightly in September✉newsBusinessBanking26 min ago

    Iran's central bank says the country's inflation rate eased slightly in September, according to figures reported by Iran International. The announcement comes as Iranians continue to grapple with a cost-of-living crisis worsened by currency depreciation and sanctions. Any decline in price growth is being watched closely, though inflation remains high in absolute terms.

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    Egypt's central bank lowers inflation forecasts, holds rates▼CBE lowers inflation forecasts, keeps key rates unchanged✉newsBusinessBanking26 min ago

    The Central Bank of Egypt has revised down its inflation forecasts while keeping its key interest rates unchanged. The decision signals that policymakers see price pressures easing, but prefer to wait for more evidence before loosening monetary policy. Economists are weighing what the improved outlook means for the timing of future rate cuts and for Egypt's broader economic reform programme.

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    Are investors expecting too many rate hikes from the ECB?●Are investors expecting too many hikes from the ECB?✉newsBusinessBanking26 min ago

    Debate has emerged over whether markets are pricing in too many interest rate increases from the European Central Bank as it battles inflation. The question, raised in financial commentary, is whether expectations of further aggressive tightening are justified or whether investors are overestimating how far the ECB will go.

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    UBS assesses Fed tightening impact on emerging markets▼Is Fed tightening a game changer for EM assets? UBS weighs in✉newsBusinessBanking26 min ago

    UBS has published its assessment of whether the US Federal Reserve's tightening cycle represents a fundamental shift for emerging market assets. The analysis addresses how higher US rates affect capital flows, currency pressure, and investment appetite across developing economies. The commentary is circulating among investors weighing whether Fed policy now changes the outlook for EM exposure.

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    Central Bank Unveils Six Measures to Ease Foreign Trade▼Central Bank takes 6 key measures to facilitate foreign trade✉newsBusinessBanking26 min ago

    The Central Bank of Iran has announced six key measures aimed at facilitating foreign trade, according to the Tehran Times. The steps are intended to simplify import and export procedures and reduce barriers for businesses engaged in international transactions. Further details on the specific measures have not yet been widely reported.

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    Kevin Warsh Comments Shift Fed Rate Debate▼6 Words From Kevin Warsh Changed the Question From “Will the Fed Hike Rates?” to “How High Can Rates Go?”✉newsBusinessBanking26 min ago

    A brief comment by former Fed governor Kevin Warsh has reframed the market debate over monetary policy. Instead of asking whether the Federal Reserve will raise interest rates again, investors are now weighing how far rates could ultimately climb. His remarks have added to speculation about a more aggressive tightening path ahead.

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    The Council of the EU is raising the question of whether Europe should build its own payment system, reducing reliance on dominant US-controlled card networks and payment platforms. The debate touches on strategic autonomy, data sovereignty and the resilience of European commerce, and it is drawing wide attention as digital payments become critical infrastructure.

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    Hong Kong and Indonesia Deepen Cross-Border QR Payment Cooperation▼Hong Kong, Indonesia Central Banks Deepen Cooperation On Cross-Border QR Payments✉newsBusinessBanking26 min ago

    The central banks of Hong Kong and Indonesia are expanding cooperation on cross-border QR code payments, allowing residents of each jurisdiction to make payments more easily when visiting the other. The move is part of a broader push across Asia to link national payment systems and reduce reliance on card networks and cash for travel and remittances.

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    The Swiss National Bank is tracking how recent heat is affecting food prices, with weather-driven supply pressures a potential source of inflation. Central banks watching climate-related cost shocks has drawn attention, as hot weather can lift produce prices and complicate monetary policy decisions.

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    All Eyes on US Jobs and Inflation Data Ahead of Possible October Rate Hike●All Eyes on U.S. Jobs and Inflation Data as October Rate Hike Signals Take Center Stage✉newsBusinessBanking26 min ago

    Investors and analysts are watching upcoming U.S. jobs and inflation reports for signals on whether the Federal Reserve will raise interest rates in October. Market expectations hinge on the data, with strong employment or persistent price pressures likely to strengthen the case for another hike, while softer readings could keep the central bank on hold.

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    Bessent says Iran facing growing economic isolation●Bessent says Iran facing growing economic isolation as US pushes countries to cut ties✉newsBusinessBanking26 min ago

    US Treasury Secretary Scott Bessent said Iran is facing deepening economic isolation as Washington pressures other countries to reduce or cut their economic ties with Tehran. The comments point to a renewed American push to squeeze Iran's economy through diplomatic and financial pressure, and the remarks are drawing attention as observers weigh how far the US campaign will go and how other governments will respond.

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    Cambodia's Central Bank Seizes Another Bank as Sector Wobbles●Falling Like Dominoes: Cambodia's Central Bank Seizes Another Bank, Financial Sector Tottering▶youtubeBusinessBanking73.3K26 min ago

    Cambodia's central bank has taken over another bank, in what observers describe as a cascade of failures with institutions collapsing 'like dominoes'. The move fuels concern that the country's banking and microfinance sector, hit by property slowdowns and bad loans, is under serious strain. Commentators are watching whether further seizures follow and how depositors and small savers will be protected.

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    Egypt banks post EGP 373bn net profit in first half of 2026▼Banks operating in Egypt post EGP 373.133bn net profit in H1 2026: CBE✉newsBusinessBanking26 min ago

    Banks operating in Egypt recorded EGP 373.133 billion in net profits during the first half of 2026, according to the Central Bank of Egypt. The figure highlights continued strong earnings across the country's banking sector, and is drawing attention from analysts tracking Egypt's economy and financial market performance.

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    Fed's Hammack warns inflation expectations could deteriorate●Fed's Hammack worried inflation expectations could deteriorate✉newsBusinessBanking26 min ago

    Beth Hammack, president of the Federal Reserve Bank of Cleveland, said she is concerned that inflation expectations among consumers and businesses could worsen if price pressures persist. Her comments add to a debate within the US central bank over how long to keep interest rates elevated while policymakers wait for clearer evidence that inflation is returning to the 2% target.

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    Swiss National Bank watching hot weather's effect on food inflation▼Swiss National Bank's Schlegel watching hot weather impact on food price inflation✉newsBusinessBanking26 min ago

    Swiss National Bank chairman Martin Schlegel said the central bank is monitoring how this summer's hot weather could push up food prices and feed into inflation. Extreme heat can damage harvests across Europe, lifting agricultural costs, and the bank is weighing whether such effects could influence its outlook for price stability in Switzerland.

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    Climate finance moves from thematic bet to core portfolio risk●What climate finance means for portfolios Climate now belongs in a client's portfolio as it becomes less of a thematic bMmastodonBusinessBanking426 min ago

    Financial advisers are being urged to treat climate as a systemic risk that touches every client holding, rather than a standalone thematic investment. The argument is that climate exposure now affects valuations, insurance costs and regulation across whole portfolios, so it should be built into standard asset allocation and risk analysis instead of being handled through separate ESG or sustainability sleeves.

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    ECB and Brazil Launch Study to Link TIPS with Pix Payments▼European Central Bank (ECB) and Brazil Launch Study to Link TIPS with Pix Instant Payments✉newsBusinessBanking26 min ago

    The European Central Bank and Brazilian authorities are launching a joint study exploring how to connect the eurozone's TARGET Instant Payment Settlement (TIPS) system with Brazil's popular Pix instant payment network. The work would explore cross-border interoperability between the two real-time payment systems. If successful, the initiative could make euro-real transfers faster and cheaper, reducing reliance on traditional correspondent banking channels.

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    SNB's Schlegel: Summer Heat Lifted Food Prices, Not Inflation▼SNB's Schlegel: Heat Hit Food Prices, Not Swiss Inflation - News and Statistics✉newsBusinessBanking26 min ago

    Swiss National Bank chairman Martin Schlegel said the summer heatwave pushed up food prices, particularly fresh produce, but argued this does not constitute broader inflation in Switzerland. His comments, reported alongside new statistics, aim to clarify how temporary supply-side shocks differ from underlying price pressures as the central bank weighs its monetary policy stance.

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    BMO regains confidence in its US strategy●Why BMO has regained confidence in its US strategy The bank expects to deliver on its U.S. return on equity target of 12MmastodonBusinessBanking126 min ago

    Bank of Montreal says it has renewed confidence in its US operations and expects to hit a 12% return on equity target for its American business by October 31, 2027. The commitment signals that management believes its restructuring and investments in the US market are starting to pay off. Banking and financial services watchers are circulating the report and debating whether the 2027 timeline is realistic given competition and margin pressure among foreign banks operating in the United States.

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    Bangladesh Bank orders KPI framework for bank CEOs, sparking concerns●BB directs KPI framework for bank CEOs, spurs regulatory overreach concerns✉newsBusinessBanking26 min ago

    Bangladesh Bank has directed banks to implement a key performance indicator framework for their chief executives, prompting concern among industry figures that the central bank is overreaching into how private banks are managed. Supporters argue measurable CEO targets could improve governance and accountability in a banking sector under scrutiny, while critics say performance evaluation should be left to boards and shareholders, not regulators.

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    Brazil to Require Reporting on Large Self-Custody Crypto Transfers▼Brazil targets self-custody crypto with $10K reporting rule, 24-hour transfer delay✉newsBusinessBanking26 min ago

    Brazil has introduced new rules targeting self-custody cryptocurrency: transfers of $10,000 or more would need to be reported, and such transfers could face a 24-hour delay. The measures are aimed at tightening oversight of crypto held outside exchanges, and are drawing attention from investors and industry watchers concerned about privacy and the practical impact on moving funds.

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    Wildberries tests ride-hailing service in Armenia▼Russia’s Wildberries test launches ride-hailing service in Armenia: THIS WEEK IN BUSINESS✉newsBusinessBanking26 min ago

    Russian e-commerce giant Wildberries has begun testing a ride-hailing service in Armenia, expanding its business beyond online retail. The move, highlighted in regional business coverage, signals the company's push to diversify into new services markets. Observers are watching whether the trial in Yerevan could pave the way for wider mobility offerings across the region.

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    ECB launches call for papers on China shock 2.0▼China shock 2.0: Causes, Consequences, and Policy Responses – Call for papers✉newsBusinessBanking26 min ago

    The European Central Bank has issued a call for papers on "China shock 2.0: Causes, Consequences, and Policy Responses", inviting research on how a renewed wave of Chinese export competition is affecting economies. The theme echoes the original China shock debate after 2001 WTO accession, now focused on industrial overcapacity, green tech exports and the policy responses under discussion in Europe and the US.

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    Arthur Hayes Predicts Bitcoin Could Reach $1 Million●Bitcoin May Hit $1M, Says Hayes After Japan Stimulus✉newsBusinessBanking26 min ago

    Former BitMEX chief executive Arthur Hayes says Bitcoin could climb to $1 million, citing Japan's fresh stimulus measures as a catalyst. He argues that renewed monetary expansion by the Bank of Japan will weaken the yen and push investors toward hard assets, with Bitcoin a prime beneficiary. His forecast is circulating widely among crypto market watchers, many of whom treat his bold price calls as a barometer of speculative sentiment.

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    Amit Shah Launches India's First Central Bank Digital Currency●HM Amit Shah launches country’s first, Central Bank’s digital currency to bring transparency in delivery mechanism✉newsBusinessBanking26 min ago

    Union Home Minister Amit Shah launched the country's first central bank digital currency, presented as a step toward greater transparency in the delivery of funds and welfare mechanisms. The move ties India to a growing list of nations experimenting with digital rupee-style state currencies, and officials frame it as a way to cut leakage and make transactions traceable.

  36. 36
    Bank of America Releases Q2 2026 Earnings Call Transcript●Bank of America (BAC) Q2 2026 Earnings Call Transcript✉newsBusinessBanking26 min ago

    Bank of America has published the transcript of its second-quarter 2026 earnings call, giving investors a full record of management's remarks on results and outlook. Coverage of the call is circulating among market watchers tracking the bank's performance, guidance and analysts' questions during the session.

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    Argentina Country Risk Surges 600 Points on Alarming Signals▼Argentina Country Risk: Alarming Signals Behind the 600-Point Surge✉newsBusinessBanking1 h ago

    Argentina's country risk indicator has jumped by around 600 points, a move analysts describe as alarming. The surge reflects growing concern over the country's financial stability, debt sustainability and access to international credit. Observers are watching whether the rise signals deeper stress in Argentina's economy and what policy responses may follow.

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    Billionaire investor Bill Ackman said the US Federal Reserve may have made a policy mistake in the context of the AI era. He suggested that artificial intelligence-driven investment and productivity shifts may have changed the economic picture in ways the Fed's decisions did not account for. The comment is drawing attention among investors debating whether current interest rate policy fits an economy being reshaped by AI.

  39. 39
    ICICI Bank Sees Gold Hitting $5,000 an Ounce by 2027▼Gold May Reach USD 5,000/Oz In H1 2027 As Dollar, US Real Yields Ease: ICICI Bank✉newsBusinessBanking1 h ago

    ICICI Bank forecasts gold could climb to USD 5,000 per ounce in the first half of 2027, driven by a weakening US dollar and easing US real yields. The projection, picked up on financial data platforms, points to a continued bullish outlook for the metal as monetary conditions turn more favourable. It is among the more aggressive bank forecasts for gold's next leg higher.

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    The European Central Bank has blocked a proposal to relax reserve requirements for euro-denominated stablecoins. The decision means issuers must continue holding conservative, high-quality reserves backing their tokens, a stance the ECB argues protects financial stability and the euro's monetary role. Crypto industry figures had pushed for lighter rules to make euro stablecoins more competitive with dollar-based rivals, and the block is likely to frustrate those efforts.

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    The European Central Bank is exploring a connection between its TIPS instant payment system and Brazil's fast-growing Pix payment network. Such a link would allow near-instant cross-border payments between the euro area and Brazil, cutting costs and settlement times compared with traditional correspondent banking routes. The move reflects growing interest among central banks in interconnecting national instant payment systems as digital payments expand globally.

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    European policymakers are openly debating whether the continent can replicate Pix, Brazil's instant payment system that has transformed everyday money transfers for tens of millions. The conversation reflects growing unease in Europe about reliance on US card networks and private payment platforms, and renewed momentum behind projects like the digital euro as officials weigh faster, cheaper, homegrown alternatives.

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    Brazil's Central Bank Unveils New Pix Rules●Central Bank announces new rules for Pix▶youtubeBusinessBanking1.2M4 h ago

    The Central Bank of Brazil has announced new regulations for Pix, the country's widely used instant payment system. The move affects millions of users and businesses that rely on Pix for daily transactions, and reactions are circulating widely as people try to understand what changes to transfers, limits and security requirements will mean for them.

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    Bank of Korea Governor Backs CBDCs, Silent on Stablecoins●Bank of Korea's New Governor Backs CBDCs, Skips Stablecoins✉newsBusinessBanking3 h ago

    Bank of Korea's newly appointed governor has voiced support for central bank digital currencies while avoiding any clear position on stablecoins. The remarks signal the country's monetary authority remains focused on a state-issued digital won rather than privately issued tokens, leaving Korea's approach to stablecoin regulation an open question for markets and crypto firms.

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    Federal Reserve Opens Comment Period on GENIUS Act Stablecoin Rules●Federal Reserve Seeks Comment on GENIUS Act Stablecoin Rules✉newsBusinessBanking3 h ago

    The Federal Reserve is seeking public comment on proposed rules implementing the GENIUS Act, the US framework for payment stablecoins. The request opens a consultation process that will shape how banks and issuers regulate stablecoin activities, drawing attention from the crypto industry and traditional banking sector alike.

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    US data deluge to test resilience as RBA nears peak●US data deluge to test resilience as RBA nears peak and Eurozone inflation back in focus✉newsBusinessBanking3 h ago

    Markets are bracing for a heavy run of US economic releases that will test the economy's resilience, while the Reserve Bank of Australia approaches what analysts see as the peak of its tightening cycle. Attention is also turning back to Eurozone inflation figures. Traders will be watching all three for fresh direction on interest rate paths.

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    Former Bank of England economist warns Britain on 'thin fiscal ice'●Britain is ‘SKATING ON THIN FISCAL ICE’ - former Bank of England economist▶youtubeBusinessBanking141.4K4 h ago

    A former Bank of England economist has warned that Britain is 'skating on thin fiscal ice', sharply criticising the state of the UK's public finances. The remarks, made in an interview with Channel 4 News, are drawing wide attention as debate continues over government borrowing, debt levels and the pressure on the chancellor ahead of upcoming fiscal statements.

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    Cash hoarding in the UK points to demand for permissionless money●Why cash hoarding in the UK proves the world still craves permissionless money✉newsBusinessBanking3 h ago

    Cash hoarding is on the rise in the UK, and commentators argue it shows people still want money they can hold and use without asking permission from banks or authorities. The claim ties the surge in physical banknote holding to broader scepticism about financial institutions and renewed interest in alternative, permissionless forms of money.

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    The EU is pushing to develop its own payment system, reducing dependence on US-controlled networks like Visa and Mastercard. The initiative aims to strengthen European financial sovereignty, ensure transaction security, and keep payment data within Europe. The announcement has drawn wide attention, with observers debating whether an EU-run system could realistically rival established global card networks and what it would mean for banks and consumers.

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    Bank of Hawaii Net Interest Income Miss Draws Investor Focus●How Investors May Respond To Bank of Hawaii Stock After Net Interest Income Miss✉newsBusinessBanking3 h ago

    Bank of Hawaii reported net interest income below expectations, prompting analysis of how investors may react to the shortfall. Commentators are weighing what the miss signals about the bank's earnings momentum and whether the stock faces near-term pressure as markets digest the result and reassess their outlook on the regional lender.

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    Economists divided on whether the Fed will raise rates●Will the Fed raise interest rates this year? Divided economists weigh in✉newsBusinessBanking5 h ago

    Economists are split over whether the US Federal Reserve will raise interest rates this year. ABC News reports that analysts disagree on the outlook, with arguments on both sides about inflation pressures, labor market strength, and the risk of slowing growth. The division reflects genuine uncertainty about how the economy will perform in the months ahead, leaving markets and businesses unsure about borrowing costs.

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    Bank Indonesia is calling on small businesses to strengthen their governance standards in order to qualify for loans. The central bank's message is aimed at helping micro, small and medium enterprises become more creditworthy and access financing more easily. The appeal reflects ongoing efforts in Indonesia to broaden financial inclusion and support small business growth through better access to bank credit.

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    France can't count on ECB to fix debt woes, central bank chief says●France can’t count on ECB to fix debt woes, central bank chief says✉newsBusinessBanking5 h ago

    The head of France's central bank has warned that the European Central Bank will not step in to resolve France's debt problems, stressing that the country must address its fiscal situation on its own. The remarks underline growing concern over France's public finances and its budget deficit, and put pressure on the French government to deliver credible consolidation measures rather than rely on external monetary support.

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    Banks and credit unions are preparing to join forces against the fees associated with Apple Pay, as an antitrust lawsuit over Apple's payment practices advances. The move signals growing resistance from financial institutions to the cut Apple takes on tap-to-pay transactions, with the case likely to shape how mobile wallet fees are structured in the United States.

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    Russian Central Bank Sets Euro Rate at 95.87 Rubles●The Central Bank of the Russian Federation set the official euro exchange rate at 95.8709 rubles on September 26.✉newsBusinessBanking5 h ago

    The Central Bank of the Russian Federation has set the official euro exchange rate at 95.8709 rubles for September 26. The figure serves as the reference rate used by banks and businesses across Russia for accounting and currency operations, and is being tracked amid ongoing volatility in the ruble against major currencies.