ECB’s Panetta Sees Time to Cut Nearing on ‘Rapid’ Inflation Drop
European Central Bank Governing Council member Fabio Panetta said the growth in consumer prices is easing quickly and the time to lower interest rates is approaching.
European Central Bank Governing Council member Fabio Panetta said the growth in consumer prices is easing quickly and the time to lower interest rates is approaching.
Venezuela’s President Nicolas Maduro has so brazenly disrespected his promise for free and fair elections that allies in Colombia and Brazil took to publicly condemning his crackdown on the opposition.
The judge presiding over Sam Bankman-Fried’s sentencing Thursday will have to decide whether the fallen crypto mogul is a run-of-the-mill financial fraudster or a villain eclipsed only by Ponzi scheme mastermind Bernie Madoff.
Zambia’s annual inflation rate leapt to a more than two-year high as its worst drought on record for large parts of the country led to a surge in food prices.
China lifted its punitive tariffs on Australia’s wine exports, signaling an end to a three-year campaign of trade pressure on Canberra and raising hopes for a revival of the billion-dollar industry.
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