#European Central Bank

US Fed

US Fed chair Jerome Powell hints at further interest rate hikes

The key takeaway from Powell’s speech is monetary policy will stay “restrictive” until inflation is moving firmly toward 2 per cent

Oil set for weekly gain on signs of tight supply, China comeback

West Texas Intermediate futures traded near $76 a barrel and are up around 7 per cent this week

Mario Draghi

Mario Draghi resigns as Italy’s Prime Minister

The government will continue as a caretaker to handle ongoing business

ECB takes major step toward introducing a digital Euro

A central-bank digital currency would allow euro-area residents to place deposits with the ECB directly