WASHINGTON (Reuters) - Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday. Full story
ZURICH (Reuters) - The Swiss National Bank said it is investigating whether Bloomberg journalists accessed usage data from Bloomberg Terminals at the central bank. Full story
LONDON (Reuters) - Debt may be everywhere but there's a scarcity of bonds. Full story
AYLESBURY, England (Reuters) - Major central banks did not face calls to do more to boost the world economy when Group of Seven finance officials met on Saturday, European Central Bank President Mario Draghi said. Full story
Church of Cyprus Archbishop Chrysostomos has thrown a wrench in the country's bailout deal, and is suing the head of the central bank and the minister of finance, reports CNBC's Michelle Caruso-Cabrera.
A look at where the markets finished the day and the impact central banks are having on the world economy, with Danielle Hughes, Divine Capital; David Kelly, JPMorgan Funds; Todd Salamone, Schaeffer's Investment Research; Alan Valdes, DME Securities; a...
Jacob Frenkel, JPMorgan Chase International chairman, discusses the easy money policies of central banks and provides perspective on where he sees economic mega trends.
The Fed Minutes spooked investors Thursday. Meanwhile Bill Gross, co-CIO, founder & managing director of PIMCO, says bond vigilantes are no more, and central banks are in the "masters of the universe."
Jim Grant, "Grant's Interest Rate Observer" editor, explains why central bank easing, ultra-low yields and access to corporate and sovereign credit is creating a "soon to be regrettable situation." "Central banks are going from ease to hyper-ease," he ...
Julio Velarde, president of the Central Bank of Peru, speaks during an interview at the Reuters Latin American Investment Summit in Lima May 20, 2013. A weaker global economy and lower metals prices may lead Peru's central bank to trim its forecast for 2013 economic growth to as little as 5.9 percen
Julio Velarde, president of the Central Bank of Peru, attends an interview at the Reuters Latin American Investment Summit in Lima May 20, 2013. A weaker global economy and lower metals prices may lead Peru's central bank to trim its forecast for 2013 economic growth to as little as 5.9 percent from
A man walks past the Central Bank of Sri Lanka building in Colombo May 17, 2013. Sri Lankan shares rose more than 1 percent on Thursday to hit a 1-1/2 year high, with foreigners dominating trading, while retail investors also bought after a fall in interest rates. The main stock index rose 1.06 perc