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  1. 1
    Fed Rate Hike Sparks Recession Fears▼The Fed Just Raised Interest Rates. Recession is next✉newsBusinessBanking6 min ago

    The US Federal Reserve has raised interest rates again, prompting warnings that a recession could follow. Commentators argue the tightening will raise borrowing costs for households and businesses, slowing the economy and potentially tipping it into contraction. Debate is focused on whether the Fed's fight against inflation is worth the risk of a downturn.

  2. 2
    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✉newsBusinessBanking6 min ago

    The European Central Bank and Brazilian authorities have launched a study to explore linking the ECB's TARGET Instant Payment Settlement (TIPS) system with Brazil's Pix instant payments network. The initiative would allow faster cross-border payments between the euro area and Brazil, an emerging area of cooperation as central banks worldwide look to make international transfers quicker and cheaper.

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