Bank of England says it is open to pro-growth bank reforms
LONDON (Reuters) -The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday. With incoming
BofA sees Norges Bank holding rates, flags hawkish risks
Bank of America (BofA) analysts projected that Norges Bank, Norway’s central bank, would maintain its key interest rate at 4.50% this week. The decision is based on recent data that leans slightly more hawkish compared to Norges Bank’s forecasts.
Trump’s Musk-led advisory panel to face lawsuit, Washington Post reports
WASHINGTON (Reuters) – Donald Trump’s government advisory panel, led by billionaire ally Elon Musk, will be sued soon after the incoming U.S. president is sworn in on Monday, the Washington Post reported, citing a copy of the planned complaint by
Analysts see Saudi debt risk on oil prices fall
Capital Economics released an update concerning Saudi Arabia’s public debt burden and its potential trajectories based on varying oil price scenarios. The report highlighted the Kingdom (TADAWUL:4280)’s significant reliance on hard currency debt issuances in recent years,