Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to firms from Bank of New York Mellon to Mizuho Bank Ltd.
May 16, 2014
May 15, 2014
ECB Channels Trichet’s Strong Vigilance to Signal Easing
The European Central Bank is preparing multiple measures against too-low inflation that could be used as soon as next month, policy makers said.
May 14, 2014
Pensions staff axed after exodus from annuities
The troubled pensions provider Just Retirement yesterday admitted it will be forced to cut jobs across its 800-strong workforce due to radical reforms in March’s Budget.
May 13, 2014
IMF's Lagarde calls for more ECB stimulus: paper
(Reuters) - Christine Lagarde, managing director of the International Monetary Fund, has repeated calls for more stimulus from the European Central Bank to keep at bay the risk of persistently low inflation in the euro zone.
May 12, 2014
Italy's Renzi says to use EU presidency to push for budget flexibility pact
FLORENCE, Italy (Reuters) - Italy will propose offering European Union member states that undertake structural reform more flexibility on budget rules when Rome assumes the presidency of the 28-member bloc later this year, Prime Minister Matteo Renzi said on Friday.
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