Business Update

Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices. Source link

The changes, long sought by bank lobbyists, would reduce the capital banks must hold in reserve to mitigate risks. Source link

Pop Mart and Sony announced on Thursday that they were developing a feature film about the fuzzy trinkets. “It’s completely ruthless marketing,” one expert said. Source link

Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury industry. Source link

Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth. Source link

The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists. Source link

Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end. Source link

The chair of the Federal Reserve said that he might not leave the central bank any time soon, setting up a potential clash with President Trump. Source link

Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East. Source link