Bloomberg Reserve Bank of India Governor Shaktikanta Das has an “out of the box” suggestion: central banks need to be more flexible on the size of their interest-rate moves. Instead of a conventional 25 basis point cut and announcement of a dovish, hawkish or neutral stance to give guidance on future actions, policy makers could just change the rate to ...

Bloomberg The Swiss National Bank (SNB) could reduce its already ultra-low interest rates again if the situation warrants, President Thomas Jordan said. With a deposit rate of minus 0.75 percent, the SNB has already enacted the lowest interest rate of any major central bank. That tool is designed to keep pressure off the franc, which is regarded as a safe ...

Bloomberg UK retail billionaire Mike Ashley is lashing out after losing a fight with US hedge funds over department store chain Debenhams Plc. The retail magnate, who made British headlines for substandard working conditions at his sporting goods chain, has been blasting Debenhams management and making legal threats since lenders took control, wiping out his roughly 30 percent stake. The ...