Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting.
International: Top News And Analysis

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Andrew Bailey selected to replace Mark Carney as the Bank of England governor

Andrew Bailey, the current head of the U.K.’s financial watchdog, has been named as the next governor of the Bank of England. International: Top News And Analysis

EU economics chief says bloc is not afraid of Putin, ready to react over halted Russian gas supplies

The European Union is “ready to react” to Russia’s latest decision to halt gas supplies to the bloc, a top EU official has told CNBC. International: Top News And Analysis

China’s first quarter GDP beats expectations to grow 4.8% year-on-year

China’s first quarter GDP grew faster than expected despite the impact of Covid lockdowns in parts of the country in March. International: Top News And Analysis

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