Central Banks

German, French central bankers warn of overreaction to China


PARIS French and German central bankers warned on Tuesday against overreacting to the signs of economic weakness coming from China that have helped trigger a bout of financial market volatility.


Bank of England deputy says may act if lending speeds up 3:28pm GMT

LONDON The Bank of England will consider steps to safeguard financial stability if household debt grows faster than the rest of the economy, the bank policymaker in charge of financial stability said on Tuesday.

Inflation, volatile dinar, to keep Serbian interest rate on hold - Reuters poll 2:20pm GMT

BELGRADE Serbia's central bank is expected to keep its benchmark rate unchanged this week for the fourth straight month due to modest inflation, a volatile dinar and uncertainties in global markets, a Reuters poll showed.


Spanish 2016 growth could be less than forecast - central bank head 1:46pm GMT

LONDON Spain's economy might not grow as much this year as the 2.8 percent forecast and the new government, when it is formed, should stick to spending cut targets, the central bank chief said on Tuesday.


Dollar hits 15-month low vs yen as markets re-think BoJ rate cut 08 Feb 2016

NEW YORK The dollar fell to a 15-month low against the yen on Monday as a renewed slide in oil prices and doubts about the effectiveness of the Bank of Japan's negative interest-rate policy drove investors back into the safe-haven currency.

Riot police detain forex mortgage protesters in Moscow 08 Feb 2016

MOSCOW Riot police broke up a demonstration by holders of foreign currency mortgages and detained around 10 people after protesters briefly blocked the road in front of the country's central bank in Moscow, a Reuters witness said on Monday.


Tax hikes 'self defeating' when trying to cut govt debt - ECB paper 08 Feb 2016

FRANKFURT Raising taxes is "self defeating" when a country tries to bring down the ratio between its public debt and economic output, according to a research paper published by the European Central Bank on Monday and based on the euro zone's recent history.


Trickle of inflows point to long road to normality for Greek banks 08 Feb 2016

ATHENS Greek banks have seen only a trickle of deposit inflows six months after the country clinched a third bailout to stay in the euro zone, and will remain hooked on central bank borrowing for months as confidence has yet to be fully restored.


Swedish central bank seen cutting rates this week - poll 08 Feb 2016

STOCKHOLM Sweden's central bank will cut its benchmark repo rate, already at record low levels, to -0.45 percent this week in another effort to push up inflation, a Reuters poll of analysts said.


BOJ says will disclose findings of probe into negative rate leak 08 Feb 2016

TOKYO Bank of Japan Governor Haruhiko Kuroda said on Monday he will publish the outcome of investigations the central bank is conducting into a media leak of its impending decision last month to deploy negative interest rates.