Adrian Paul

Swiss Economy Grows at Slowest Pace in More Than Two Years

Switzerland’s economy grew at the slowest pace in more than two years in the third quarter as companies cut spending and exports slumped.

Swiss 1970s Inflation Specter Seen in SNB’s Unlimited Sales

Swiss central bank President Philipp Hildebrand’s pledge to protect the economy with unlimited currency purchases may come at a higher cost than billions of francs: faster inflation.

Swiss Franc Stays Near a Record High Against Euro on Growth Prospects

The Swiss franc stayed near a record high against the euro amid speculation the nation’s economic outperformance compared with its European neighbors will encourage the central bank to allow further appreciation.

Pound Falls to Seven-Week Low as Employment Confidence Sinks; Gilts Gain

The pound fell to a seven-week low against the dollar after U.K. reports showed confidence in the outlook for employment weakened and a services index declined, boosting the case for more economic stimulus measures.

Swiss Ponder Unthinkable as World Turns Economy Upside Down

Switzerland, the nation that hasn’t gone to war with a foreign power since Napoleon, is reluctantly debating a generational taboo: ceding monetary independence to win a battle over its runaway currency.

U.K. Gilts Advance on Concern Deficit-Reduction Measures Harming Economy

The pound fell and U.K. government bonds rose, sending yields toward the lowest this year, amid concern the government’s austerity drive is damping growth and will compel the central bank to keep interest rates on hold.

Swiss Pondering Unthinkable as World Turns Economy Upside Down

Switzerland, the nation that hasn’t gone to war with a foreign power since Napoleon, is reluctantly debating a generational taboo: ceding monetary independence to win a battle over its runaway currency.

Franc Gains as Swiss Stop Short of Target in Attempts to Weaken Currency

The franc strengthened after the Swiss central bank stopped short of announcing a target rate or temporary peg to the euro in its third attempt in as many weeks to drive down the currency.

Goldman’s Broadbent Sees U.K. Economy Weathering Government Budget Squeeze

Britain’s economy can withstand the government’s budget squeeze and an interest-rate increase, according to research published this week by Ben Broadbent , the Goldman Sachs Group Inc. economist who will join the Bank of England’s rate panel in June.

Goldman Sachs Says There's `No Guarantee' Britain Will Keep Its AAA Rating

There is “no guarantee” the U.K. will retain its AAA credit rating and the election campaign has revealed little about what the next government will do to cut the budget deficit, according to Goldman Sachs Group Inc.

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Syriza Says It Won’t Join Greek National Unity Government

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ECB’s Honohan Says Greece Euro Exit Can Be Managed