All The World's News
Recent News Headlines : Governor Philip Lowe
BANK OF CANADA KEEPS INTEREST RATE STEADY AT 1.25%
Higher interest rates will be warranted over time, although some monetary policy accommodation will still be needed to keep inflation on target, it said... READ MORE›
UK WAGE GROWTH LAGS INFLATION EVEN AS JOBLESS RATE HITS NEW LOW
The central bank said in February that it expected pay growth of 3.0 percent a year by the end of 2018, rising to 3.5 percent by the end of 2020... READ MORE›
7 REASONS WHY IT'S HARD TO KNOW IF YOUR HOUSE WILL LOSE VALUE
Interest rates As usual, the biggest threat cited for home prices is how much we pay for the money we borrow... READ MORE›
UK MANUFACTURING GROWTH COOLS TO ONE-YEAR LOW IN FIRST QUARTER
UK manufacturing growth cools to one-year low in first quarter PMI... READ MORE›
CENTRAL BANK TO REIN IN RISKY STATE BUSINESSES
The central bank also will monitor a potential global inflation rebound and the withdrawal of major economies' quantitative easing policies... READ MORE›
RUSSIAN LAWMAKER KERIMOV STRIKES DEAL TO BUY VOZROZHDENIE BANK
Russian lawmaker Kerimov strikes deal to buy Vozrozhdenie bank sources... READ MORE›
FIVE THINGS YOU NEED TO KNOW TO START YOUR DAY
And China's PBOC said inflation pressures are slight but warrant close watch... READ MORE›
BANK OF ENGLAND CHIEF ECONOMIST SAYS
Any interest rate rises over the coming year would be minor, the paper reported Haldane as saying... READ MORE›
TAKE FIVE: WORLD MARKETS THEMES FOR THE WEEK AHEAD
If U.S. inflation does accelerate, markets could see Treasury yields get above the 3 percent level that several investment banks had set as their year-end target... READ MORE›
UGANDA READIES FOR ISLAMIC BANKING TAKEOFF, APEX BANK TO PUBLISH RULES
In December, the central bank became an associate member of the Islamic Financial Services Board IFSB, one of the industry's main standard-setting bodies... READ MORE›
CARNEY STEPS UP BANK OF ENGLAND RATE HIKE TIMETABLE FOR BREXIT-HIT U.K.
Mark Carney said U.K. interest rates may need to rise at a steeper pace than previously thought to prevent the Brexit-weakened economy from overheating... READ MORE›
"WE SHOULD INCREASINGLY RELY ON REFORM, OPENING UP AND INNOVATION TO PROPEL TRANSFORMATION AND FOSTER NEW ECONOMIC DRIVERS," LI KEQIANG SAID AT THE MEETING ON MONDAY.
China's Premier Li Keqiang calls for more targeted economic policy... READ MORE›
CHINA'S PREMIER LI CALLS FOR MORE TARGETED ECONOMIC POLICY
China's Premier Li Keqiang has called for more targeted economic policies and measures to cope with structural changes in the world's second-largest economy... READ MORE›
Trending News Headlines : Governor Philip Lowe
INTEREST RATES ARE ABOUT TO GO UP IN CANADA -- NO, FOR REAL THIS TIME
Instead, the central bank moved in the opposite direction, cutting rates twice that year to bring its rate to 0.5 per cent, where it currently sits... READ MORE›
WHAT WILL INDIA DO WITH 23 BILLION WORTHLESS BANKNOTES?
The notes would make a pile 300 times the height of Everest... READ MORE›
WORLD FACES WAVE OF EPIC DEBT DEFAULTS, FEARS CENTRAL BANK VETERAN
But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE›
DAVID CAMERON WARNS OF LOOMING SECOND GLOBAL CRASH
A European Central Bank ECB survey showed that inflation would remain at worryingly low levels before picking up slightly next year... READ MORE›
HOUSING AFFORDABILITY SET TO GET EVEN WORSE NEXT YEAR, BIG BANKS WARN
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
BOE RAISES INTEREST RATE FOR FIRST TIME IN MORE THAN DECADE
Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percent from 0.25 percent... READ MORE›
BRITISH PANIC OVER MARMITE SHOWS BREXIT JUST GOT REAL
What can the bank of england do about inflation? what does that mean for interest rates?... READ MORE›
AUSTRALIANS MAY SOON STRUGGLE TO MAKE ENDS MEET
Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE›
LONDON HOUSE PRICES MOST OVERVALUED IN THE WORLD, SAYS UBS
London house prices most overvalued in the world, says UBS... READ MORE›
WHY NOBODY TRUSTS THE WORLD'S BEST CURRENCY
The regulator in January removed regulations limiting lenders from buying and selling foreign currency outside a 4 percent band on either side of the official exchange rate... READ MORE›
LAND WITH LONGEST STRETCH OF NEGATIVE RATES FINDS RICH ARE GETTING RICHER FASTER
Loose monetary policy can also spur higher inflation, which reduces the debt burden for poorer members of society and also promotes job creation... READ MORE›
CARNEY INDICATES INTEREST RATES MAY RISE AT 'TURN OF YEAR'
Bank of England governor Mark Carney indicates that UK interest rates could rise at the turn of this year ... READ MORE›
INDIA FACTORY ACTIVITY EXPANDS AT FASTEST PACE IN FIVE YEARS IN DECEMB
India's goods-producing economy advanced on its recovery path, with operating conditions improving at the strongest pace since December 2012, said Aashna Dodhia, an economist at IHS Markit... READ MORE›
1. IS THE ECONOMY REALLY OUT OF THE WOODS?
Oil and gas contributed 40 percent of Russia's budget revenue in 2016... READ MORE›
XIAOMI TO OPEN ONLINE US STORE
06 45 HSBC tax scandal BBC Radio 4 The Bank of England's Sir Jon Cunliffe was asked about HSBC on Today... READ MORE›
US FED ENDS QE STIMULUS PROGRAMME
The targets for inflation and reduction in unemployment were on track, the Fed said in a statement... READ MORE›
EUROPE'S NEXT BIG CURRENCY OPPORTUNITY JUST GOT A LOT CLOSER
Inflation is gathering strength, and it's set to accelerate faster than the central bank predicts in its forecast, Seidler said... READ MORE›
SURGING WORLD GROWTH MAKES A MOCKERY OF BREXIT PANICA
Global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain'... READ MORE›
AFTER 2 HIKES THIS YEAR, BANK OF CANADA STANDS PAT AND KEEPS INTEREST RATE STEADY AT 1%
Bank of Montreal economist Doug Porter says that's because the bank in its statement said it would continue to be cautious about setting monetary policy... READ MORE›
LONDON HOUSES ARE SECOND MOST OVER-VALUED IN WORLD
Low-interest rate regimes across Europe have pushed prices in London, Stockholm, Munich and Zurich to record levels, after accounting for inflation... READ MORE›
WORLD BANK ISSUES WARNINGS ON INTEREST RATES AND INFLATION
After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative news... READ MORE›
FEAR OF RISING RATES MAY HAVE OBSCURED THE BANK OF CANADA'S GOOD NEWS STORY
A question that our central bankers were unable to resolve was why inflation remains so low... READ MORE›
RUSSIAN RUBLE REMAINS RESILIENT TO CRUDE MOOD SWINGS
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7... READ MORE›
CHINA VOWS TO CONTAIN CORPORATE DEBT LEVELS AS INFLATION HEATS UP
I don't think there's an inflation issue in China, it's an asset bubble, said Commerzbank senior emerging market economist Zhou Hao in Singapore... READ MORE›
CHINA NEEDS TO REGULATE 'MONEY GATES' BUT GUARD AGAINST FINANCIAL STRESS
Chinese policymakers face a dilemma as they need to tighten credit to contain debt and speculative investment without triggering a wave of defaults that could destabilize the financial system... READ MORE›
HEDGE-FUND MANAGER CRISPIN ODEY SAYS IT'S NOW MORE LIKELY THE MARKET WILL CRASH
Hedge-Fund Manager Crispin Odey Says It's Now More Likely the Market Will Crash... READ MORE›
DOLLAR RISES BONDS FALL AMID FED WAGERS AS YELLEN GIVES NO HINT
West Texas Intermediate oil for November delivery declined 0.2 percent to 50.35 a barrel on the New York Mercantile Exchange... READ MORE›
STOCKS ADVANCE IN ASIA AS BONDS REMAIN PRESSURED
Australia's S P ASX 200 Index gained 0.5 percent and South Korea's Kospi index rose 0.1 percent... READ MORE›
MUTED INFLATION A TRILLION-DOLLAR PUZZLE, SAYS BIS
The BIS said this raises a question over the potential for another crisis if there is a significant rise in interest rates... READ MORE›