The most senior woman at Austria’s central bank started her career as an experiment.
European Central Bank Governing Council member Ewald Nowotny said strong loan growth in some eastern European countries needs close monitoring by regulators to avoid another bubble like the one that burst in 2009.
European Central Bank Governing Council member Ewald Nowotny said policy makers have several tools at their disposal to prevent deflation in the euro area.
The largest Wall Street banks are mobilizing to fight a new policy by the U.S. Commodity Futures Trading Commission that gives the regulator broader authority in overseas derivatives deals.
Mario Draghi won’t follow his unexpected interest-rate cut with new liquidity injections into the financial system next month, economists say.
Central banks are finding it’s easier to push up stock and home prices than it is to prevent inflation from falling short of their targets.
The pound slipped for a third day versus the dollar amid speculation U.K. economic data due this week won’t be strong enough to sustain gains that propelled it to a one-month high.
Mario Draghi is facing down a deflation threat with few options left to fight it.
European Central Bank Governing Council member Ewald Nowotny said the debate about the debt ceiling in the U.S. hasn’t threatened the dollar’s role as the leading global currency.
Spain’s bonds rose, sending 10-year yields to the least relative to German bunds since June 2011, as an increase in retail sales added to evidence the nation’s economic recovery is gaining momentum.