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Central Bankers Used to Keep Out of Politics. Not Any More

(Bloomberg) Bundesbank board member Sabine Mauderer stepped uneasily from side to side as she waited to speak.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsNvidia’s $70 Million Florida Supercomputer Hobbled by DeSantis LawFrom the stage she could watch the crowds

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Bundesbank head: New EU body confirms Frankfurt as 'capital of euro'

The decision in favour of Frankfurt as the seat of the new EU anti-money laundering authority further enhances Germany's leading financial centre, according to Bundesbank President Joachim Nagel. "This once again establishes the claim that Frankfurt has as a European financial centre," he said in the central German city. Frankfurt could "now justifiably say that it is the capital of the euro," Nagel added. On Thursday, representatives from the EU member states and the European Parliament agreed

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Recessionary trends in the world economy strengthening

The German central bank warned that the country’s economy was likely to further contract in the first quarter of this year.

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London close: Stocks finish lower on fresh China concerns

London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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London close: Stocks finish lower on fresh China concerns

London close: Stocks finish lower on fresh China concerns
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