Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters.

With the ECB set to reduce borrowing costs for a fifth time while the Fed will leave rates on hold, the decisions will highlight the differing economic outlooks on either side of the Atlantic.

Rising global borrowing costs show that investors “are already pricing in” the economic impact of Trump’s policies.

European markets are heading for a positive open Wednesday as traders await the latest U.S. inflation data that will inform the Federal Reserve's decision-making on interest rate cuts.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

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The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications employed to fulfill its Congressional mandate— price stability, maximum employment and moderate interest rates.

Donald Trump’s address at the World Economic Forum showcased his familiar economic rhetoric. Yet, it could be argued that his speech was marked by economic misconceptions and exaggerations, Piero Cingari writes.

European shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly tech.

Central bank independence is being questioned in parts of the world and greater political influence over policy could increase economic volatility, European Central Bank President Christine Lagarde said on Monday.

The eurozone economy likely started the year less weakly than it ended 2024, according to business surveys, but the threat of higher U.S. tariffs still tempers hopes that lower borrowing costs will help fuel a pickup as the year advances.