Tag: Central banking

Lebanese hospitals warn of dangerous shortages in supplies

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BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...

Europe’s stimulus likely to keep running as economies reopen

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FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...

EU launches proceedings over top German court’s ECB ruling

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BERLIN — The European Union on Wednesday launched proceedings against Germany over a ruling by the top German court last year on a European...

Lebanon grants limited access to bank deposits amid crisis

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BEIRUT — Lebanon’s central bank said Tuesday that depositors will be allowed to withdraw limited monthly amounts from their foreign currency accounts, nearly 20...

France opens graft probe into Lebanon’s central bank chief

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PARIS — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central bank governor involving potential money...

This Week: Consumer credit, GameStop earns, consumer prices

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A look at some of the key business events and economic indicators upcoming this week: ...

Fed chief Powell: Climate policy is for elected officials

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FRANKFURT, Germany — Federal Reserve Chair Jerome Powell says the central bank can help assess risks to banks from climate change but that addressing...

Turkish lira dips to record low over Erdogan rate comments

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ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...

Federal Reserve survey sees economy growing at faster pace

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WASHINGTON — The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers,...

China’s central bank tries to stop surge in currency’s value

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BEIJING — China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly...