Finance

  • IMF Urges Governments to Prioritize Price Stability Amid Global Risks

    ByFegea

    The International Monetary Fund (IMF) has urged governments and central banks to maintain price stability and credible fiscal policies as the global economy faces continued uncertainty from geopolitical tensions, inflation, and rapid technological change. Speaking at the Atlantic Council, IMF Strategy Director Christian Mumssen said recent shocks—including the pandemic, conflicts, and inflation—have increased economic risks….

  • ECB Expected to Hold Rates as Oil Prices Cloud Outlook

    ByFegea

    The European Central Bank (ECB) is widely expected to leave interest rates unchanged at its July 23 policy meeting as inflation continues to ease. However, a recent surge in oil prices driven by renewed Middle East tensions has increased expectations that the ECB could raise rates again in September. According to a Reuters survey of…

  • Wall Street Banks Beat Q2 Profit Forecasts on Trading Boom

    ByFegea

    Major U.S. banks reported stronger-than-expected second-quarter 2026 earnings, driven by robust investment banking activity and higher trading revenue amid volatile financial markets. JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, and Bank of America all exceeded analysts’ profit expectations as mergers, acquisitions, and major IPOs boosted advisory fees. Increased market volatility linked to artificial intelligence, Middle…