Bloomberg European Central Bank Chief Economist Peter Praet confirmed that next week’s policy meeting will be pivotal for reaching a decision on when to end the institution’s bond-buying program. His comments reinforce the view that the ECB is close to settling the question of how long it will keep buying debt to support the euro-area economy. Bloomberg reported that policy ...

Bloomberg Polish rate setters kept borrowing costs unchanged, sticking to a wait-and-see policy that may last into the next decade as the central bank diverges from other countries in the region already tightening monetary policy. Below-forecast inflation and higher-than-estimated economic growth have given the Monetary Policy Council all it needs to stick with Governor Adam Glapinski’s stance that rates may ...

Bloomberg Emirates aircraft are synonymous with luxury, offering premium-class passengers shower on board while cruising at 30,000 feet. Now the carrier wants to give some legroom for those flying coach. The world’s biggest long-haul airline outlined details of a new premium economy seat that it plans to help stem “leakage” of passengers who can’t afford business, but want a more ...