The ECB's benchmark is now 1.25% for lending to banks, with more hikes on tap
The improvement stemmed from the economy moving from recovery to steady growth
Inflation in the U.K. is expected to surge to 13% in the fourth quarter
U.S. senate bill would give CFTC oversight of digital commodities
New York regulator says firm's compliance didn't keep pace with its growth
No major bank has committed to end financing for new oil and gas exploration
The interest rate cut comes as central banks around the world are rushing in the opposite direction
Former product manager with Coinbase, two others charged with wire fraud conspiracy and wire fraud
The policy bans speculative investments, short-selling and highly leveraged or complex financial products
The potential increase depends on robust consumer demand