The England and Wales Cricket Board (ECB) has announced the creation of a three-tiered domestic competition structure and a shift in the ownership model underpinning the women’s professional game. As well as the new structure, the ECB will invest an extra £4-5m per year in the women’s professional game from 2025-2028. This will take annual … Read more
Markets are “getting ahead of themselves” with rate cut expectations, the president of the Dutch central bank, Klaas Knot, told CNBC Wednesday. “The problem for us is that in the end that might become self-defeating. We are optimistic that we have a credible prospect of a return of inflation to 2% in 2025. But a … Read more
Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC. Chip Somodevilla | Getty Images A flurry of major central banks are set to make their final rate decisions of the year in a crunch week that will … Read more
Robert Holzmann, governor of Austria’s central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Bloomberg | Bloomberg | Getty Images Austrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are “additional shocks” to the economy. The hiking … Read more
With the Financial institution of Japan sustaining its extremely dovish stance of detrimental rates of interest, the speed differentials between the U.S. and Japan’s central financial institution will persist, mentioned Goldman Sachs economists. Bloomberg | Bloomberg | Getty Photos The U.S. Federal Reserve, Financial institution of Japan and European Central Financial institution will all announce … Read more