In contrast, the ECB doesn't plan to raise rates until 2023 despite record inflation
GDP of 5.7% was the fastest pace since Ronald Reagan's presidency
Rising consumer prices and likely interest rate hikes are among the top issues at the virtual World Economic Forum
Banks or payment firms would create accounts or digital wallets, the report said
A United States federal court ordered Perry Santillo to pay US$103 million in restitution. Some clients suffered six-figure losses as money from new investors went to repay earlier investors
Energy costs jumped 26%, Eurostat reports, while food price increases also contributed to European inflation
Work remains to reinforce the shared currency, finance ministers say
Surging prices are haunting consumers and confounding economic planners
The BoE is the first central bank in a major economy to raise interest rates since the pandemic began
Weak demand and supply chain disruptions also weigh on growth