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ECB Governing Council member Dorenz: Rising energy prices could lead to more persistent inflation.
2026-10-30
ECB Governing Council member Dorenz: Rising energy prices could lead to more persistent inflation.
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2026-10-29
The Swiss government has assessed UBS’s legal and regulatory position under Alternative jurisdictions should the bank relocate its headquarters.
The Swiss government has assessed UBS’s legal and regulatory position under Alternative jurisdictions should the bank relocate its headquarters.
2026-10-29
The ECB kept its key deposit rate at 2.5% on Thursday, in line with the Fed and market expectations. While rising energy costs prompted a 25bp hike in September and continue to lift inflation, mounting French sovereign stress — France's 10-year yield
The ECB kept its key deposit rate at 2.5% on Thursday, in line with the Fed and market expectations. While rising energy costs prompted a 25bp hike in September and continue to lift inflation, mounting French sovereign stress — France's 10-year yield topped 5% for the first time in over 20 years last week — has reduced policymakers' urgency to tighten further, since higher yields push up household and corporate borrowing costs and act to cool demand. Mitsubishi UFJ Economist Henry Cook said that despite a more adverse energy market since September, the rise in sovereign yields has lessened the immediacy for action.
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