May 16, 2014

Pound Bulls Unfazed by Carney’s Tone Say Rally Isn’t Over

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 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.