The Bank of England holds interest rates at 3.75% as policymakers assess the economic impact of the Iran conflict and the closure of the Strait of Hormuz.

ECB President Lagarde says central bank is 'definitely shifting from baseline' monetary policy path, indicating a departure from previous forward guidance.

ECB President Lagarde: We are definitely shifting from baseline.

ECB President Lagarde: Digital euro will enhance Europe's strategic autonomy, calls for swift adoption of legislation.

ECB President Lagarde stated that a digital euro would enhance Europe's strategic autonomy and called for swift adoption of legislation on the digital euro.

The European Union announces plans to revamp merger rules, aiming to lower barriers for large regional firms to compete against major US and Chinese corporations.

The European Union has announced plans to revise its merger regulations to lower barriers for the formation of large regional firms intended to compete with major US and Chinese corporations.

The Federal Reserve's preferred inflation gauge rose to 3.5% in March, reaching its highest level in nearly three years as gas prices increased.

The Federal Reserve's preferred inflation gauge rose to 3.5% in March, driven by an increase in gas prices, marking the highest rate in nearly three years.