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Energy shock puts ECB on course for expected rate hike
The ECB is expected to raise rates as euro zone inflation climbs, with higher energy prices reviving concern about broader price pressures.
Bank of Canada holds key interest rate at 2.25%
The Bank of Canada kept its benchmark rate at 2.25%, a fifth consecutive hold, while warning it is watching inflation and weak growth risks.
Warsh’s Fed independence stance draws concern over balance sheet
Kevin Warsh’s view of Fed independence is raising questions among former officials over Treasury influence, swap lines and balance sheet policy.
ECB holds key rate at 2% as energy shock lifts inflation
The European Central Bank held its deposit rate at 2% as euro zone inflation rose to 3%, leaving a possible June move dependent on incoming data.