macro
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Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to how much he can revamp on his own — and that even in areas where he can make sweeping reform, it might be smarter for him to hold back.
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The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.
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"That progression has happened over 20 years at the Fed and it's going to be near impossible and probably very misguided to put the cat back in the bag."
New Fed Chair Kevin Warsh faces 'doom loop' of debt and inflation. What's going on in the bond market?
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The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.
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Preserving the European Central Bank’s credibility is a strong argument in favor of an interest-rate increase next month, according to Governing Council member Yannis Stournaras.
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The global economy is showing signs of wearing down with inflation pressures persisting during the third month of a war-induced energy crunch.
European shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resolution. AI advancements and French government investments in tech also fueled gains. However, rising inflation concerns and a stalled merger deal led to some stoc
New US Federal Reserve chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be "totally independent." It is unusual for the chief of the Fed -- an independent non-partisan body that sets mo
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The Ninth Circuit said federal derivatives oversight does not shield prediction market firms from state gaming enforcement.