Central Banks

Majority of BOJ members say oil plunge benefits economy - December minutes

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TOKYO - A majority of Bank of Japan board members said slumping oil prices will weigh on inflation in the short-term but will accelerate price rises over the long run by stimulating the economy, minutes of the bank's policy-setting meeting in December showed.

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Bundesbank's Weidmann - It's in interest of Greek government to do reforms 25 Jan 2015

BERLIN - Bundesbank President Jens Weidmann said Greece, where an anti-bailout party looks set to win a snap election, would continue to need aid and would only get this by sticking to agreements, adding he hoped the new government would not make promises the country could not afford.

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All eyes on Fed, Greece after ECB fires bazooka 25 Jan 2015

PARIS - After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path.

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ECB's Mersch calls for European capital markets union 25 Jan 2015

FRANKFURT - European Central Bank policymaker Yves Mersch called on Sunday for the euro zone to pursue deeper integration, including a capital markets union that would enable a company in one country to issue a bond in another.

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Bundesbank's Weidmann casts doubt on effectiveness of ECB's quantitative easing 25 Jan 2015

BERLIN - Bundesbank President Jens Weidmann, an unabashed critic of the European Central Bank's quantitative easing (QE), told a German newspaper on Sunday he had doubts about the effectiveness of the ECB bond-buying plan.

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After wave of QE, onus shifts to leaders to boost economy 24 Jan 2015

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

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Italy cheers ECB bond buying plan, sees big boost to economy 24 Jan 2015

ROME - The European Central Bank's bond buying programme will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms.

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ECB easing pushes European equities to seven-year high, euro sinks 23 Jan 2015

NEW YORK - European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the euro to 11-year lows. | Video

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FXCM options activity surges after Swiss shock 23 Jan 2015

NEW YORK - Losses from the surprise move by the Swiss National Bank nearly crippled brokerage FXCM, but all the attention has resulted in a surge of activity among options traders on the online forex broker.

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Bank of England's Carney says will look beyond oil price drop 23 Jan 2015

LONDON - Bank of England Governor Mark Carney on Friday played down the risk that Britain could fall into a deflationary trap, saying it was best to look through falling oil prices at a time when British wages are growing.