UK’s Reeves and Bailey hope repo system will make money for BoE

The Bank of England's new repo system aims to generate income for the central bank, offsetting previous losses from its extensive bond-buying program during financial crises.

Turkey’s recent political events hit economy, reserves, says EBRD

Turkey's political turmoil has destabilized its economy, forcing interest rate hikes and reducing foreign reserves, despite previous efforts to control inflation and attract foreign investment.

Safe haven concerns mount as US Treasuries face twin recession and inflation risks - Reuters poll

Coinbase shares jump on addition to S&P 500 index in watershed for crypto market

Coinbase shares surged 15% after its inclusion in the S&P 500, marking a significant milestone for the cryptocurrency industry and attracting institutional investors.

Instant View: India’s April retail inflation eases to near six-year low

India’s inflation slows to lowest in nearly 6 years, making room for more rate cuts

India's retail inflation fell to 3.16% in April, remaining below the 4% target, enabling potential interest rate cuts to boost economic growth.

Analysis-Banking sector says easing of US leverage rules could support Treasury market

The U.S. banking industry seeks changes to capital requirements to enhance liquidity in Treasury markets, with regulators considering reforms to the supplementary leverage ratio after recent market turmoil.

Sean ’Diddy’ Combs’ ex-girlfriend Cassie testifies ’Freak Offs’ became her job

Casandra Ventura testified at Sean Combs' trial, revealing abuse and manipulation in their relationship, detailing forced participation in drug-fueled parties and alleged violence.

US Republicans face internal disagreements over Trump tax cut package

Bank of England’s Pill says interest rates might need to stay high

Huw Pill, Bank of England's Chief Economist, raises concerns about persistent inflation and the need for higher interest rates, warning against overoptimistic market expectations.