ECB’s Schnabel Says Germany’s Export-Driven Growth Model Is No Longer Viable
ECB Executive Board member Isabel Schnabel says Germany's export-driven growth model is no longer viable in a fragmented global economy….
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
German budget committee approves 2027 budget with near-record €210.4 billion in new borrowing
Germany's budget committee finalised the 2027 budget, which includes total new borrowing of more than €210 billion. The package proposes…
Two-year Treasury yield posts biggest four-session jump since 2022
The two-year Treasury yield posted its biggest four-session jump since the Fed's 2022 hiking cycle. Expectations are growing for more…
European leaders reject Russian push to overhaul continent’s security
European leaders have rejected Vladimir Putin's push to overhaul the continent's security architecture as part of Ukraine peace talks. Volodymyr…
US posts record $404 billion October budget deficit as outlays surge
The US government posted a $404 billion budget deficit for October, a record for the month, the Treasury Department said….
