BLOOMBERG The Swiss National Bank (SNB) may need to raise borrowing costs more, according to President Thomas Jordan. “We can’t exclude that we might have to tighten monetary policy again,” Jordan told reporters in Washington, where he’s attending meetings of the International Monetary Fund (IMF) and World Bank. The SNB has increased interest rates by 225 basis points in the ...

BLOOMBERG A quarter-point increase in interest rates is the most the European Central Bank (ECB) has to deliver at its next meeting, Governing Council member Mario Centeno said, playing down concerns over the strength of underlying inflation. Either a pause, or a slowdown in the pace of hikes is possible as headline price gains in the euro zone retreat and ...

ABU DHABI / WAM Former Sudanese Prime Minister Abdallah Hamdok warned in Abu Dhabi on Sunday that Sudan is at a ‘“catastrophic” moment as a result of the ongoing war and called the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) to immediately cease hostilities and announce a truce that allows safe corridors for citizens to move and ...