Enlarge / The Milky Way’s central black hole is in a very crowded environment. Supermassive black holes are voracious. Clumps of dust and gas are often disrupted by turbulence and radiation when they get pulled too close. So why are some of them orbiting the edge of the Milky Way’s own supermassive monster, Sgr A*? … Read more
European central bankers warned that risks to the region’s economy, including trade tensions and high government debt, are growing. They met in Portugal this week. Falling inflation and improving growth in the eurozone were overshadowed by the victory of Marine Le Pen’s far-right Eurosceptic party in the first round of France’s parliamentary elections at the … Read more
Stay informed with free updates Simply register for the Global inflation myFT Digest – delivered straight to your inbox. Central banks should not cut interest rates too quickly because of the risk of a new inflation flare-up, the Bank for International Settlements has warned. Policymakers around the world are considering how quickly to ease monetary … Read more
Receive the US Election Countdown newsletter for free The stories that matter about money and politics in the race for the White House Last year, De Nederlandsche Bank launched a study into how inflation affects sentiment. The results should be chilling for US President Joe Biden as he prepares for the upcoming presidential debate and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A top Federal Reserve official has backed more rate hikes if inflation remains at current levels. He says immigration and aggressive fiscal stimulus are likely to cause U.S. prices to rise faster than in other … Read more
This article was reviewed according to Science fact checked peer-reviewed publication trusted source proofread OK! Credit: Pixabay/CC0 public domain × close to Credit: Pixabay/CC0 public domain The relationship between mother and child may provide clues to the mystery of why humans live longer than expected for their size – and shed new light on what … Read more
The rising political heat is complicating interest rate decisions in the US and Britain, where central banks are wondering whether to cut borrowing costs as voters prepare to go to the polls. The Bank of England and the Federal Reserve want to avoid any perception that they are cutting rates to help sitting governments, former … Read more
Stay informed with free updates Simply log in to the monetary policy myFT Digest – delivered straight to your inbox. The writer is president of the Peterson Institute for International Economics With the European Central Bank and the Bank of Canada cutting rates this week, attention has now turned to the US Federal Reserve and … Read more
The European Central Bank has eased pressure on borrowers across the eurozone after cutting its key interest rate for the first time in almost five years. Citing a continued decline in inflation, the ECB said it would cut its deposit rate from a record high of 4% to 3.75%, putting it ahead of the US … Read more
Image source, Getty Images Image caption, ECB President Christine Lagarde Item information Author, Lucy Hoeker Role, Business reporter, BBC News June 6, 2024 The EU became the second major global economy to cut lending rates this week as it said it had made progress in tackling inflation. The European Central Bank (ECB) announced a cut … Read more