Canada Recession Threat Renews Rate-Cut Calls

The threat of a recession and lower interest rates in Canada are making the Group of Seven’s best-performing bond market even more attractive.

BOJ keeps upbeat view of economy, maintains asset purchases

TOKYO, June 19 (Reuters) - The Bank of Japan kept monetary policy steady and maintained its upbeat assessment of the economy on Friday, signalling its conviction that inflation will hit its 2 percent target without additional monetary stimulus.

China central bank to maintain 'prudent' monetary policy in 2015

(Reuters) - The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.

German Opposition at ECB Hardens as Lautenschlaeger Rebuffs QE

Germany’s board member at the European Central Bank said quantitative easing isn’t the right choice for the euro area at present, hardening a split among policy makers on how to respond to slowing inflation.

The world should be wary: Japan’s economic woes are contagious

Japan’s surprise descent into recession is going to have big repercussions. It means the abandonment of a planned increase in sales tax. It will lead to the country’s prime minister, Shinzo Abe, calling a snap election.

IMF, U.S. encourage ECB, Japan monetary stimulus

(Reuters) - The International Monetary Fund and the United States encouraged the European Central Bank and the Bank of Japan toward greater monetary stimulus on Friday and urged governments around the world to do their share to cultivate growth in their countries.

Kuroda Sets No Limits in BOJ Campaign to Spur Inflation

Bank of Japan chief Haruhiko Kuroda highlighted his determination to stoke inflation in the world’s third-biggest economy, saying there’s no limit to measures he could take to reach its price target.

South Korea's president warns of long-term economic stagnation risk

(Reuters) - South Korean President Park Geun-hye warned the economy is at risk of falling into long-term stagnation and urged for speedier handling of economic law bills in parliament.

China’s Li Says Economic Growth Quality Important as Pace

The “quality” of economic expansion, including job creation and fighting pollution, is as important as its speed amid uncertainty over whether China will reach its growth target this year, Premier Li Keqiang said.

Bank of England reveals emergency measures if Scotland had voted yes

The Bank of England was ready to flood the financial markets with millions of pounds of emergency funding if Scotland had voted to break away from the UK in last month’s referendum.

BOJ chief says easy policy affects financial stability

TOKYO (Reuters) - The head of the Bank of Japan said on Monday that monetary policy has a substantial impact not only on prices but also on financial system stability by affecting various asset prices.

IMF Cuts 2014 Global Forecast After Slowdowns in China, U.S.

The International Monetary Fund lowered its outlook for global growth this year as expansions weaken from China to the U.S. and military conflicts raise the risk of a surge in oil prices.

Rate liftoff still not likely until second half of 2015: Fed's Lockhart

(Reuters) - Federal Reserve officials on Friday said U.S. labor markets remain slack and inflation unlikely to accelerate, damping any sense that recent strong jobs and other data may prompt the central bank to raise interest rates sooner than expected.

Turkey to keep economic policies and personnel under Erdogan presidency -officials

ISTANBUL/ANKARA, July 7 (Reuters) - Turkish officials say key economic ministers will stay in post if, as expected, prime minister Tayyip Erdogan becomes president next month, and they dismissed fears that policy would take a populist turn, jeopardising more than a decade of strong growth.

US non-farm payrolls: what the economists say

There was a sharper than expected rise in the number of jobs created in the US in June, at 288,000. Economists had forecast a more modest rise in non-farm payrolls of 212,000.

Fed may need to update its interest rate guide

(Reuters) - Interpreting Federal Reserve policy is hard enough, but the central bank may need to dust off its 'How to' guide to explain the nuts and bolts of new tools it will use when it finally starts to raise interest rates.

German Economy Strengthens as Industry Survey Beats Estimate

German manufacturing and services strengthened more than economists forecast this month, adding to signs that the euro area’s largest economy is underpinning the region’s recovery.

ECB president takes swipe at IMF over policy recommendations

European Central Bank President Mario Draghi swatted away suggestions from the International Monetary Fund that his bank should ease monetary policy further on Thursday, questioning the timing of the Fund's most recent comments.

BoE's Carney: jobs, incomes, wages to be factored into any rate rise

(Reuters) - The Bank of England will only start to increase interest rates when a range of measures suggest the economy is operating at closer to full capacity, central bank governor Mark Carney said in an interview broadcast on Sunday.

Fed banks split in December on what to do with discount rate

(Reuters) - One regional Federal Reserve bank continued to push for a cut in the U.S. central bank's emergency lending rate in December, while three others renewed a request to hike it, minutes of Fed deliberations released on Tuesday showed.