Bloomberg Business

Mexico’s inflation eased more than economists expected in early March, likely boosting the odds that the central bank will slow a record monetary tightening cycle at next week’s meeting.

From bomb cyclones to atmospheric rivers, mudslides, avalanches and flooding, the price tag for lost crops, damaged homes, roads and the power grid will be sobering.

Oil fell as investors weighed the Federal Reserve policy outlook after another hike and digested a mixed snapshot of US supply and demand.

UK living standards will remain flat this year, according to the Bank of England, rather than sliding as previously expected.

(Bloomberg) — The European Central Bank will probably need to raise borrowing costs more, though the bulk of tightening is already done, according to Governing Council member Madis Muller.

US labor unions are pushing back on White House efforts to allow European Union and Japanese firms mining and processing critical minerals to tap some of the lucrative subsidies available in the Biden administration’s massive climate law, fearing the move will sap American jobs.

Legislation to open banking services to marijuana businesses has become a casualty — at least for now — of the financial turmoil brought on by the collapse of Silicon Valley Bank and Signature Bank.

Turkey’s central bank held off from cutting interest rates on Thursday as the lira comes under pressure and the economy absorbs the fallout of last month’s catastrophic earthquakes.

The Bank of England pushed ahead with another interest rate increase despite turmoil in the banking sector, predicting the UK economy will avoid a recession for now and that inflation remains a risk.