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.

Interest rates can stay low for longer, says Bank of England deputy chief

The Bank of England can afford to keep interest rates low for longer than previously thought, deputy governor Jon Cunliffe has said, in comments that will reinforce the market view that rates will remain at 0.5% until at least the middle of next year.

IMF head Christine Lagarde warns of deflation risks

The head of the International Monetary Fund has warned about the risks to global economic recovery of deflation.

World currency turbulence hits company earnings

PARIS: Emerging markets have helped rake in a corporate earnings bonanza in recent years, but a sudden plunge in their currencies in mid-2013 due to an expected cut in US stimulus has sorely hit sales and profit.

Bank of Japan sees global damage if U.S. debt ceiling is not raised

MATSUE: Global stocks could plunge and long-term interest rates rise, dealing a severe blow to the global economy, if U.S. politicians do not reach a deal to raise their debt ceiling by mid-month, Bank of Japan Deputy Governor Hiroshi Nakaso said on Wednesday.