Bloomberg Producers of household items have been India’s best stock market bets for years. But the consumption slowdown in the world’s fastest-growing major economy is rubbing the sheen off these shares. The 74-member S&P BSE Fast-Moving Consumer Goods Index, which has had only one down year since 2006, has bucked the gains in the nation’s benchmark measure. And some of ...

Bloomberg Federal Reserve Vice Chairman Richard Clarida pushed back against speculation in financial markets the central bank will cut interest rates to boost softening inflation up to its 2 percent target. “I don’t think we’re at that place now,” Clarida said in an interview with Bloomberg Television’s Michael McKee in Washington. “We think the policy in place now will get ...

Bloomberg The appointment of the next European Central Bank (ECB) head could potentially be delayed until just weeks before President Mario Draghi’s term expires amid a swathe of top European Union vacancies. That’s one of the scenarios being discussed among EU diplomats, according to a person familiar with the matter who asked not to be identified. The complexity of upcoming ...