interest

Warning lights over inflation are flashing brighter across the euro zone, and while the European Central Bank kept interest rates on hold as expected today, it made clear that pressure is building for rate cuts to give way to hikes, with markets now looking to June for the first move. Inflation climbed to 3% this month, comfortably above the bank's 2% target, and policymakers now face the prospect of further acceleration after the Iran war drove oil prices to their highest level in four years. ECB President Christine Lagarde…

Fed pivots toward steady cuts to shield jobs, betting inflation will cool The Federal Reserve on Wednesday delivered a quarter-point interest-rate cut and signaled more to come this year, a shift that underscores a growing concern among U.S. policymakers: the danger of a weakening labor market now looks larger than the risk of rekindled inflation. The move, supported by most of President Donald Trump's appointees on the Fed’s policymaking committee, reflects a central bank juggling two aims — price stability and full…

STOCKHOLM, Sweden (AX) — While many Premier League supporters might not yet be familiar with the name Taha Ali, that is poised to change rapidly. The 26-year-old winger, whose heritage is Somali-Swedish, has electrified the field, significantly contributing to Malmö FF's championship aspirations. His remarkable skills have attracted attention from numerous European clubs, with Brighton leading the pursuit. Observers liken his dazzling footwork and impactful play to that of Riyad Mahrez. Ali made a substantial impact in…

Office opens at 06.00 in Chad. Seven candidates are running, including President Idriss Déby - who has been in power for more than 30 years - and who are seeking a sixth term. Part of the opposition withdrew from the race and demanded a boycott to condemn the violence against the opposition. One of the challenges today will therefore be participation.…