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Central Banks Headlines

ECB may be fuelling bubbles, risking fresh crisis - Mersch

The European Central Bank's ultra easy monetary policy may be fuelling asset bubbles, which may in turn trigger future crises, ECB board member Yves Mersch said on Monday, providing an unusually stark warning about the risks of ultra low rates.

Fed's first hurdle in 2020: Dispensing with 'QE Lite'

The Federal Reserve's bond portfolio is swelling again at a pace not seen since the "quantitative easing" heyday in the early 2010s. Prices for stocks and other risky assets are also rising at a fast clip - a state of affairs that a growing chorus of investors, economists and former Fed officials say is no coincidence, and potentially a problem.

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China records first virus death in Beijing as toll passes 100

The new strain of coronavirus spreading across China claimed its first victim in Beijing, officials said on Tuesday, as the death toll climbed to 106, the United States warned citizens against trips to the country and financial markets recoiled again at the potential impact on the world's second-biggest economy.