Bloomberg Goldman Sachs Group Inc economists say they no longer expect China to cut the amount of cash banks must hold in reserve this year after the central bank pledged to keep overall liquidity conditions relatively stable. The probability of a cut in the reserve requirement ratio is lowered, and the People’s Bank of China (PBOC) might rely on open ...

Bloomberg The European Central Bank (ECB) said lenders in the region will have to estimate the risk they could face from climate change in both their lending and trading operations when they undergo a stress test next year. Banks will have to predict how their balance sheets will evolve over 30 years as well as any related losses they could ...

Bloomberg UK traders ramped up bets on higher interest rates after a hawkish signal from Bank of England (BOE) Governor Andrew Bailey, putting two-year yields on course for the biggest increase in more than six years. Bailey said the central bank will “have to act” to curb inflationary forces and warned that higher energy costs mean price pressures will linger. ...