LONDON - The sharp fall in British inflation does not pose a risk of deflation and there is no need to take more measures to stimulate the economy, a policymaker at the Bank of England said in a newspaper column on Sunday.
TRIPOLI - Libya's internationally recognised government aims to set up a new payment system to receive oil revenues, bypassing the central bank based in Tripoli, the capital city that is no longer under its control, its top oil official said on Saturday.
BERLIN - European Central Bank Vice President Vitor Constancio said in a magazine interview he expected the euro zone inflation rate to turn negative in the coming months but that if this was just a temporary phenomenon, he did not see a risk of deflation.
MOSCOW - Russia's central bank said on Friday it had raised the limit on foreign exchange swap operations to $10 billion (6.40 billion pounds) from $2 billion for Dec. 19 to alleviate a shortage of roubles in the money market.
NEW YORK - Bond giant Pacific Investment Management Co said on Friday that it expects the European Central Bank to further expand its balance sheet by buying euro-denominated investment-grade corporate and sovereign bonds.
Exclusive - ECB considers making weaker Euro zone states bear more quantitative easing risk: sources
FRANKFURT - European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost.
FRANKFURT - The European Central Bank will not hesitate to act if needed, ECB Executive Board member Peter Praet said in an opinion piece on Friday, touching on the possibility of the central bank buying sovereign bonds.
TOKYO - Japan's annual core consumer inflation probably slowed for a fourth straight month in November, mirroring a slide in oil prices, a Reuters poll showed, underscoring a tough task for the Bank of Japan to achieve its 2 percent inflation target. | Video
TOKYO - Bank of Japan Governor Haruhiko Kuroda voiced confidence the bank will meet its ambitious price target, seeking to dispel speculation a global oil rout will slow inflation and force it to ease again soon. | Video
SYDNEY - Asian markets looked set for another upbeat session on Friday after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to start hiking interest rates.