BoE governor defends UK ringfencing rules for lenders
Andrew Bailey tells MPs that scrapping post-crisis regime would make mortgages and other loans more expensive
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A Nasdaq high on Chinese herbs
Shares in a traditional Chinese medicine company pop, uh, 15,000 per cent
Swiss inflation turns negative for first time in four years
Investors bet on a return to sub-zero interest rates as central bank tries to restrain soaring Swiss franc
What is Opec+ up to?
The cartel is fast-tracking the return of idled production even as oil prices languish
Could Trump’s ‘big beautiful bill’ kill the OFR and accidentally sabotage SOFR?
SOFR? I hardly knew her
Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target
Economists polled by Reuters had been expecting the May reading to come in at 2%, which is the European Central Bank’s target.