The Morning Financial Newsletter That's Ruffling Feathers.

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Recent Newsletters

12/20/2024 Russia's central bank holds off on interest rate hike amid friction between inflation, war spending

Russia's central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin's war against Ukraine. The decision Friday comes amid criticism from influential business figures, including tycoons close to the Kremlin...

12/19/2024 Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best

12/18/2024 Iran's rial hits a record low, battered by regional tensions and an energy crisis

The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the wars raging in the Middle East.The rial traded at 777,000 rials to th...

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