ECB’s Knot: Rate hikes are working, more needed

“The European Central Bank's (ECB) interest rate hikes are starting to have an effect, but more will be needed to contain inflation,” said Dutch Central Bank President Klaas Knot per Reuters.

May 8, 2023

US Treasury Secretary Yellen: Failure by Congress to act on debt ceiling could trigger “constitutional crisis”

“US Treasury Secretary Janet Yellen on Sunday issued a stark warning that a failure by Congress to act on the debt ceiling could trigger a "constituti

Scope Ratings places US credit ratings under review for possible downgrade

Scope Ratings on Friday placed the United States of America's AA long-term issuer and senior unsecured debt ratings in local and foreign currency unde