European Central Bank holds deposit rate at 2%, main refinancing at 2.15%, and marginal lending at 2.4%. All three key rates remain unchanged.

Brazil posts largest budget deficit since pandemic last month, far worse than expected. Government made court-ordered payments and ramped up stimulus before October election.

Brazil posted its largest budget deficit since the pandemic last month, much worse than expected, as the government made court-ordered payments and ramped up stimulus before October’s election.

The European Central Bank holds key interest rates steady, citing economic uncertainty caused by the ongoing conflict in the Middle East. The bank stated it remains well positioned to manage the current environment.

The European Central Bank announced today that it is maintaining its key interest rates at current levels, citing economic uncertainty stemming from the conflict in the Middle East.

Cigna Group announces it will exit the Affordable Care Act market next year. The company stated the decision is part of a strategic effort to focus on other lines of business.

The Cigna Group announced it will exit the Affordable Care Act insurance market starting next year to prioritize other business segments.

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.