Boston Fed President Collins sees caution on future interest rate cuts
Collins on Tuesday expressed support for the recent interest rate cut but skepticism on future moves.
Economic news
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Global FX market swells to $10tn a day in tariff turmoil
Figures from Bank for International Settlements show rapid growth of currency trading
EU seeks France’s backing over €140bn loan for Ukraine
Paris and other highly indebted capitals are wary of approving use of Russian frozen assets
The energy efficiency mystery clouding BP’s global outlook
Experts do not know what is causing sluggishness in efficiency gains, which matters hugely for oil demand
Zijin Gold shares soar in Hong Kong trading debut
Listing of Chinese mining spin-off comes as precious metal hits record high price
Vanguard cuts fees on European equity funds as competition mounts
Asset manager estimates reducing charges on some equity exchange traded funds will save investors $18.5mn a year