TOKYO Bank of Japan board member Takehiro Sato said labour market reform and other measures to boost Japan's growth potential must accompany monetary easing to raise the country's low long-term inflation expectations.
MORGANTOWN, W.Va. The impact of the new Trump administration's effect on the economy remains too uncertain for the U.S. Federal Reserve to react or begin recasting its outlook, Fed Governor Jerome Powell said on Tuesday.
NEW YORK Stocks recovered on Tuesday as investors chose to look beyond U.S. President Donald Trump's setback on healthcare reform and awaited comments from several Federal Reserve officials, including Fed Chair Janet Yellen.
FRANKFURT The European Central Bank has replaced the head of its Brussels office and annulled four more appointments after staff complaints about unlawful hirings and promotions, internal documents seen by Reuters show.
LONDON Bank of England interest rate-setter Ian McCafferty highlighted a weak outlook for the economy on Tuesday and said he did not know if he would vote to increase borrowing costs at the next meeting of the BoE's policymakers in May.
LONDON Fast-rising inflation and growing talk of tighter monetary policy from the Bank of England may spell the end of a winning streak for British gilts, among the best performers in major government bond markets this year.
FRANKFURT Germany's two representatives on the European Central Bank's main policy-making body called on Monday for it to prepare to wind down its aggressive stimulus policy as soon as economic conditions allow it.
LONDON Britain-based banks should take steps to ensure they do not have to curb lending suddenly if the country leaves the European Union in a disorderly way, the Bank of England said on Monday as Prime Minister Theresa May prepares to start Brexit talks.
COLLEGE STATION, Texas Dallas Federal Reserve Bank President Robert Kaplan said on Monday that he would support further interest rate hikes if the U.S. economy takes more steps toward reaching the Fed's goals of full employment and 2 percent inflation.
MADRID The case for four interest rate hikes in the United States this year is not yet solid and would require a stronger lift in inflation, Chicago Federal Reserve Bank President Charles Evans said at an event in Madrid.