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Germany asks Switzerland to sell back some Leopard 2 tanks

BLOOMBERG Germany has asked Switzerland if it can buy back some of the nation’s decommissioned Leopard 2 battle tanks as part of an effort to replace depleted stocks among Nato allies. German Defense Minister Boris Pistorius and Economy Minister Robert Habeck made the request in a February 23 letter to Swiss Defense Minister Viola Amherd, a German defense ministry spokesman ...

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Fed officials warn of lifting interest rates to higher peak

BLOOMBERG Two Federal Reserve policymakers cautioned that recent stronger-than-expected readings on the US economy could push them to raise interest rates by more than previously expected. In remarks, Governor Christopher Waller said that if payroll and inflation data cool after hot prints in January, “then I would endorse raising the target range for the federal funds rate a couple more ...

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ECB’s Wunsch sees 4% rates possible if inflation stays high

BLOOMBERG European Central Bank (ECB) Governing Council member Pierre Wunsch said market bets for interest rates to reach a 4% peak may prove accurate if underlying price pressures remain elevated. How far borrowing costs must rise “depends very much on the evolution of core inflation,” the Belgian central bank chief said, referring to the measure of consumer-price growth that strips ...

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