Tue, 21-Oct-2025

Lagarde sees ‘strong likelihood’ of ECB rate hike if inflation stays high

Lagarde

If the wave of inflation gripping the eurozone doesn’t impede, ECB chief Christine Lagarde said on Friday she sees “a robust chance” that the bank will hike rates before 2022 ends. European international locations have visible charges rise after the pandemic extensively disrupted supply chains, and the state of affairs grew worse starting in past … Read more

US in no position to ask China to contribute more to G20’s debt relief plan

g20

JAKARTA: Ahead of the two-day meeting of G20 finance ministers and central bankers scheduled to be held in Jakarta on Thursday, US Treasury Secretary, Janet Yellen, reportedly called on China to be ‘more active’ in the G20 debt relief efforts. Yellen said in an interview that the G20’s Debt Service Suspension Initiative (DSSI) ‘has not … Read more