Central Banks

Bundesbank chief says ball in Athens' court over bailout

BERLIN - Greece's European partners cannot simply buy it more time to calm financial markets and it is up to the government in Athens to stabilise the Greek economy, Bundesbank chief Jens Weidmann has told Reuters.


BoE's Shafik sees 'encouraging' signs in UK labour market data 10:46am BST

MANCHESTER, England - Bank of England Deputy Governor Minouche Shafik said on Friday she saw "encouraging" signs from wage and labour market data, and that the causes of Britain's plunging inflation rate were not expected to last long.


ECB's Draghi calls for reform, points to Europe's modest prospects 10:00am BST

SINTRA, Portugal - The president of the European Central Bank reiterated his call on Friday for euro zone countries to reform their economies, warning that future growth would remain modest.


Stocks get that Friday feeling as stimulus trumps growth concern 9:47am BST

LONDON - Global stocks rose and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's major central banks.


Japan April core CPI seen subdued even after two-year BOJ stimulus 8:55am BST

TOKYO - Japan's consumer inflation remained subdued in April on lower energy costs, adding pressure on the Bank of Japan after already two years of massive stimulus aimed at banishing deflation.


Fed still seen in lift-off mode as Yellen takes centre stage 21 May 2015

NEW YORK - The U.S. Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its employment and inflation goals helping allay concerns over the economy's recent weakness, current and former Fed officials say.


BOJ to stand pat on policy, may sound more upbeat on economy post-GDP 21 May 2015

TOKYO - The Bank of Japan is set to maintain its massive monetary stimulus on Friday and may offer a slightly more upbeat view of the economy, unfazed by first-quarter GDP data that offered mixed signs on the strength of the recovery.


U.S., euro zone business growth slower, China contracts 21 May 2015

LONDON/NEW YORK - U.S. and euro zone business growth slowed in May while China's factory sector contracted again, reinforcing the need for major central banks to continue supporting economic growth. | Video


Bank of England's Bailey says new banker rules not a 'witch hunt' 21 May 2015

LONDON - New rules to make senior managers and board members of banks and insurers directly accountable for their actions are about increasing clarity, not witch hunts, Bank of England Deputy Governor Andrew Bailey said on Thursday.


BoE's Weale eyes bigger inflation impact from oil price fall 21 May 2015

LONDON - The past year's sharp oil price fall may have a longer-lasting effect on British inflation than the Bank of England assumes, but the central bank would be wise to look through such one-off effects, a BoE policymaker said on Thursday.