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European Central Bank

US’ shock decision as bank crisis continues

Despite the crisis in banking which many have put down to interest rate rises, they’re still going up. The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation…

Has the banking crisis started?

The controversial rescue deal for troubled lender Credit Suisse and the continuing fallout from the collapse of Silicon Valley Bank indicates the world is sliding into a crisis “far worse” than the GFC, one analyst has argued.Following…

Fears ‘financial earthquake’ to hit globe

There are fears a “financial earthquake” causing widespread distress is going to hit globally, with a warning issued by the world’s leading expert on debt crises.The rapid rate of interest rates rises across the globe, with eight…