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European Central Bank

A.I. won’t take your job, but it might reduce your wages

by Edgar Davis
A.I. won’t take your job, but it might reduce your wages

This effect of AI is especially true for the young and highly-skilled, according to research published by the European Central Bank (ECB). Firms have invested heavily in AI, leaving economists …

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U.S. central bank holds rate steady, but leaves door open to more hikes

by Anas Siddiqui
U.S. central bank holds rate steady, but leaves door open to more hikes

The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …

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USDC dominantes EUR stablecoin market, surpassing USDT

by Isaac Wright
USDC dominantes EUR stablecoin market, surpassing USDT

As the interest rate environment has changes, the market of EUR stablecoin issuers has changed significantly. Circle Internet Financial has become the largest EUR-backed stablecoin (EURC) issuer on the market, …

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Commerzbank CFO says the European Central Bank has hit pause

by Walter Watson
Commerzbank CFO says the European Central Bank has hit pause

The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …

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How interest rates impact your money — from savings to mortgages

by Walter Watson
How interest rates impact your money — from savings to mortgages

“It can be easy to think that the decisions made by central banks don’t impact the daily lives of normal people, however, the reality is they’re very much likely to,” …

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raises rates by 25 basis points

by Walter Watson
raises rates by 25 basis points

The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …

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