Mario Draghi’s patience with the euro has snapped.
Global finance chiefs are trying to soup up their crisis-hit economic engines.
Beijing’s ability to draw business investment helped vault it into the top 10 of cities with the greatest global appeal.
European Central Bank President Mario Draghi said a further appreciation of the euro would trigger more monetary stimulus in his strongest warning yet about the region’s rising currency.
International central bankers pledged to take care in telegraphing monetary-policy shifts and consider their global effects amid renewed calls from emerging markets for greater cooperation.
Global finance chiefs pressed the U.S. to allow an increase in the financial resources of the International Monetary Fund as they argued the Ukraine crisis underscores the lender’s importance.
The U.S. is resuming its role as an engine of global growth, this time one that just putt-putts along instead of purring.
Federal Reserve Chair Janet Yellen and her international counterparts are suffering from a case of what psychologists call confirmation bias: They keep insisting inflation will accelerate even as it continues to ebb.
The increasing likelihood of a Federal Reserve interest rate increase next year should help rather than slow the U.S. economy, according to UBS AG.
For all the fears of a Japan-style era of deflation, a more likely threat for Europe is what International Monetary Fund officials are calling lowflation.