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
NEW YORK (Reuters) - Prices for Treasuries rose on Wednesday after a week of losses, as poor data on manufacturing pointed to lingering weakness in the economy and price pressures remained subdued. 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 ...
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
People walk past Turkey's Central Bank headquarters in Ankara in this November 20, 2012 file photo. When Turkey's central bank cut interest rates last month, its decision aroused a mixture of approval, criticism and sheer confusion about exactly what the decision aimed to achieve. Some economists su
(FRONT L-R) U.S. Treasury Secretary Jack Lew, Britain's Chancellor of the Exchequer George Osborne and the Governor of the Bank of England Mervyn King, (REAR L-R) Bank of Canada Governor Mark Carney and the European Central Bank President Mario Draghi prepare for a group photograph at the G7 Finance
German central bank President, Jens Weidmann, arrives at the G7 Finance Ministers meeting in Aylesbury, southern England May 10, 2013. Many of the world's most powerful finance chiefs met at an English stately home on Friday to discuss if central banks can do more to bolster a fragile global recove
