Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty Images The European Central Bank is widely expected to raise interest rates on Thursday, but uncertainty around the U.S.-Iran war is clouding the outlook for its…
Gold bars lie in a safe on a table at the precious metal dealer Pro Aurum. Sven Hoppe | Picture Alliance | Getty Images The Dutch central bank (DNB) has transferred approximately 86 tons of gold out of the U.S. and Canada to the U.K., seeking to shore up its contingency planning in view of…
Andrew Bailey, governor of the Bank of England (BOE), during a Bloomberg Television interview at the Reykjavik Economic Conference in Reykjavik, Iceland, on Friday, May 29, 2026. Betty Laura Zapata | Bloomberg | Getty Images The growing threat posed by advanced artificial intelligence models could trigger a disorderly correction in global financial markets, according to…
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026. Brendan Smialowski | Afp | Getty Images Federal Reserve officials indicated at their last meeting that they would need to raise interest rates soon unless there…
Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty Images Europe is facing an erosion of the conditions that historically drove the continent’s growth, its top central banker warned Wednesday, as she called on leaders…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with Moscow-installed leader of the Russian-controlled parts of the Zaporizhzhia region, at the Kremlin in Moscow on July 20, 2026. Alexander Kazakov | Afp | Getty Images After four-and-a-half years of full-scale war with Ukraine, Russia has become a…
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026. Afp | Getty Images Iran is set to join the BRICS New Development Bank, the country’s central bank chief said Thursday, as Tehran seeks to shore up its economic alliances almost six months into its…
Collateralized loan obligations may become the next big push in the exchange-traded fund industry. VettaFi’s Todd Rosenbluth suggests there’s investor demand for the alternative assets due to ongoing interest rate uncertainty. “[CLOs have] been popular within the marketplace,” the firm’s head of research told CNBC’s “ETF Edge” this week. CLOs are short-term fixed income strategies…
Bond market investors may want to shift their focus toward the front of the yield curve, according to Allspring Global Investments’ Noah Wise. The bottom line: Focus exposure on short-term Treasurys over long duration. Wise, the firm’s head of global macro strategy and a senior portfolio manager, sees the strategy as part of a diversified…
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike. Despite increasing support among some officials for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate…
