Christine Lagarde

The IMF warns of the danger of a spike in inflation if the conflict persists, and the US admits that the crisis raises ‘additional concerns’

The return on the U.S. Treasury bond reaches nearly 5%, its highest level since 2007, while the German bond hovers close to 3%, unseen since 2011

The ECB last week raised its benchmark deposit rate to an all-time high of 4% after a record pace of increases

Inflation expectations are still high despite the squeeze on monetary policy. A target of 3% would be more in line with the economic reality left by the pandemic and climate change, but it is not possible right now

Central bankers prepare to keep interest rates high for longer than expected

ECB President Christine Lagarde said the bank’s next moves would be determined by what the data — including inflation and job numbers — will show

In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases

Like the Federal Reserve has done, the ECB is stepping back from a string of jumbo hikes aimed at snuffing out inflation

European Union leaders are playing down the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy

The upheaval in the financial system that’s followed the collapse of two major U.S. banks is raising the likelihood that lending standards will become sharply more restrictive

Investors who held bonds known as CoCos were wiped out in the sale to UBS, triggering fears that banks will find it harder to borrow and in turn tighten credit

Most analysts expect a rise of 25 basis points to reach 4.75%-5% despite the turmoil triggered by the collapse of Silicon Valley Bank

Credit Suisse said Thursday that it would exercise an option to borrow up to 50 billion francs ($53.7 billion) from the Swiss National Bank

Following the Credit Suisse crisis, analysts are divided on whether the central bank will follow through on plans to raise rates by 0.5 points or reduce it to 0.25