Central Banks

Fed's Fisher - wages rise when joblessness drops below 6.1 percent

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- The United States could be on the verge of a worrisome surge in wages if unemployment continues its downward trend, based on research Dallas Federal Reserve Bank President Richard Fisher presented to his colleagues at the Fed's policy-setting meeting this week.

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Bank of England says its bond-buying failed to boost bank lending 19 Sep 2014

LONDON - The Bank of England's 375 billion pounds of stimulus pumped into Britain's financial system did not boost bank lending, research from the central bank showed on Friday, although it helped turn the economy round in other ways.

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Ireland shakes up fund rules in bid to improve management 19 Sep 2014

DUBLIN - Investment funds based in Ireland will no longer have to hire two Irish residents as directors under a central bank plan to improve oversight of one of the global fund industry's biggest hubs.

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Banks repay loans to ECB after fresh offer of cheaper credit 19 Sep 2014

FRANKFURT - European Central Bank plans to bolster lending to business were dealt another setback on Friday after banks decided to repay billions of euros of cheap ECB credit, sapping money available to lend to business.

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Japan business mood seen as less optimistic, core CPI to slow 19 Sep 2014

TOKYO - The mood of Japanese manufacturers is seen as less optimistic in the three months to September and it will probably improve only slightly in the coming quarter, indicating that a sale tax hike and slow recovery in exports are hurting firms' sentiment.

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China's central bank lends $81.4 billion to top banks - CCB chairman 19 Sep 2014

BEIJING - China's central bank has issued 500 billion yuan ($81.4 billion / 49.70 billion pounds) worth of three-month loans to the country's five biggest banks, state news agency Xinhua quoted China Construction Bank Chairman Wang Hongzhang as saying on Friday.

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BOJ's Kuroda sees no problem with current FX moves 19 Sep 2014

CAIRNS Australia - Bank of Japan Governor Haruhiko Kuroda said on Friday he saw no problem with recent currency moves as the dollar scaled a six-year high versus the yen due to growing expectations for higher interest rates in the United States.

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Ireland shakes up fund rules in bid to improve management 19 Sep 2014

DUBLIN - Investment funds based in Ireland will no longer have to hire Irish residents as directors under a central bank plan to improve oversight of one of the global fund industry's biggest hubs.

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Low take-up for cheap bank credit raises pressure on ECB 18 Sep 2014

FRANKFURT - The European Central Bank saw far less demand than expected on Thursday for its new four-year loans to banks, raising doubts about a stimulus package it hopes will stave off deflation and revive the euro zone economy.

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Swiss central bank ready to act 'immediately' as deflation risks resurface 18 Sep 2014

ZURICH - Switzerland's central bank vowed to vigorously defend a three-year-old cap on the Swiss franc which has come under pressure from a recent appreciation of the currency, but it stopped short of announcing concrete new measures for now.