DUBLIN The limits of central bank largesse are set to be a hot topic in the coming week as global policymakers head to Washington for the annual International Monetary Find meetings and key data may harden the case for a tightening of U.S. monetary policy.
FRANKFURT Germany's central bank sees no need for a new global stimulus package as it expects the world's economy to continue to recover, Bundesbank board member Andreas Dombret said on Friday.
DUBLIN Ireland's central bank is not satisfied with lenders' continued efforts to tackle high levels of non-performing loans, which remain a significant problem, a senior official said on Friday.
BRUSSELS/FRANKFURT Inflation in the euro zone ticked up in September, data showed on Friday, giving the European Central Bank some confidence its stimulus programme is pulling the bloc's economy away from the deflationary brink. | Video
LONDON (Reuters_ - British funds have slashed equity holdings in their portfolios, allocating more capital to bonds and to buoyant emerging markets as they fret about the risks posed by Europe's banks and U.S. elections.
LONDON Global investors raised holdings of Japanese bonds to four-year highs in September and bought more euro zone debt, shrugging off a mid-month market sell-off and expressing faith in central banks' commitment to their asset-buying programmes.
LONDON/TORONTO Royal Bank of Canada (RBC) is cutting 15 investment banking jobs in London amid a slowdown in activity in the region, sources familiar with the matter told Reuters.
TOKYO The Bank of Japan said on Friday it plans to trim buying in long-dated Japanese government bonds (JGBs) in market operations in October to its lowest level since 2014, a move that is seen aimed at steepening the yield curve.
TOKYO The Bank of Japan's decision to target the yield curve and allow consumer prices to overshoot its 2 percent goal are welcome steps in Japan's long battle to encourage inflation, former U.S. Treasury Secretary Lawrence Summers said.
TOKYO Bond buyers are already testing the credibility of the Bank of Japan's new monetary policy framework, pushing 10-year yields below its zero percent target and giving the bank few palatable options to bring them back on track.