TOKYO - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April. | Video
LONDON - The Bank of England told British banks on Friday they will need to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected.
BRUSSELS - Inflation in the 18 countries sharing the euro edged up slightly in October, reinforcing the view that the European Central Bank will hold fire on any additional policy action at its meeting next week.
ROME - The eurozone faces a real risk of deflation, with medium and long-term inflation expectations now at historically low levels, European Central Bank governing council member Ignazio Visco said on Friday.
VIENNA - The European Central Bank "never should say never" to full-on quantitative easing, but such a programme is not in sight at the moment and the ECB should not be jolted into action every month, Governing Council member Ewald Nowotny said.
TOKYO - Japan's annual core consumer inflation slowed for a second straight month in September, adding to evidence the Bank of Japan will miss its 2 percent price goal even as it dismisses growing doubts about the efficacy of its money-printing programme.
TOKYO - The Bank of Japan is set to maintain its massive asset buying programme on Friday and keep its upbeat forecast that inflation will hit its 2 percent target next year, suggesting no further stimulus is on the horizon.
NEW YORK - The dollar surged to a three-week high and government bond yields rose on Thursday, one day after the U.S. Federal Reserve took a more hawkish tone in its assessment of the economy as it announced the end of its six-year bond-buying programme.
FRANKFURT - Weak price pressure in Germany and Spain compounded the European Central Bank's policy headache on Thursday but it is still expected to hold off action next week, waiting to assess the impact of its new round of stimulus.