Central Banks

BOJ's Nakaso says commitment to price goal 'unshakable'

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NEW YORK - The Bank of Japan's commitment to achieving its 2 percent price target is "unshakable," its deputy governor said on Friday, signalling that he has no intention of watering down the goal despite a slowdown in inflation driven by slumping oil prices.

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Bank of England turns up the heat on accounting firms 27 Feb 2015

LONDON - The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank's regulation arm will monitor the accounting industry.

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German, Spanish, Italian data may push euro zone inflation higher 27 Feb 2015

BERLIN - German and Spanish consumer prices fell in February but annual inflation in these economies was not as deep in negative territory as in January while prices turned slightly positive in Italy, potentially lifting the euro zone figure slightly.

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In Turkish heartland, businessmen laud Erdogan's central bank tirades 27 Feb 2015

KAYSERI, Turkey - President Tayyip Erdogan's tirades against the central bank may be stoking turmoil in Turkish financial markets, but they are winning praise from a class of industrialists who have thrived over the past decade and see him as a pillar of their success.

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How Sands fell from grace at Standard Chartered 27 Feb 2015

LONDON/HONG KONG - In summer 2012 Peter Sands was flying high as Standard Chartered Chief Executive, batting back questions on whether he was tempted to run Barclays or even the Bank of England.

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Just over half of analysts see ECB's QE plan pushing inflation to target - Reuters poll 26 Feb 2015

- The European Central Bank has convinced slightly more than half of 83 economists polled by Reuters that its money printing programme, which starts in March, will be successful in bringing euro zone inflation back up to target.

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Next Bank of England move likely to be a rate hike - Shafik 26 Feb 2015

LONDON - The Bank of England's next monetary policy move is likely to be an increase in interest rates because the factors that have pushed down inflation sharply are largely transitory, a policymaker at the bank said on Thursday.

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Bank of England tightens internal rules after FX investigation 26 Feb 2015

LONDON - The Bank of England announced tougher rules for its staff who speak regularly with bond and currency traders, after a review last year showed a senior member of staff had turned a blind eye to market malpractice.

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How Sands fell from grace at Standard Chartered 26 Feb 2015

LONDON/HONG KONG - In summer 2012 Peter Sands was flying high as Standard Chartered Chief Executive, batting back questions on whether he was tempted to run Barclays or even the Bank of England.

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ECB's Nowotny opposes ejecting Russia from SWIFT system - report 26 Feb 2015

VIENNA - European Central Bank policymaker Ewald Nowotny has warned against kicking Russian banks out of the SWIFT payments transfer system as part of tighter sanctions on Moscow, the Austria Press Agency quoted him as saying on Thursday.