Bloomberg The Bank of England (BoE) will probably keep interest rates unchanged this week after an economic roller coaster that saw market bets on an increase flip from near-guaranteed to almost no chance. A majority of the nine Monetary Policy Committee members will vote to maintain a 0.5 percent benchmark on Thursday, according to a Bloomberg survey of economists. Governor ...

Bloomberg The Federal Reserve’s gradual push towards higher interest rates shouldn’t be blamed for any roiling of emerging market economies, which are well placed to navigate the tightening of US monetary policy, Fed Chairman Jerome Powell said. In a speech that argued US decision-making isn’t the major determinant of flows of capital into developing economies, Powell said the influence of ...

Bloomberg The African Development Bank (AfDB) seeks investments from global pensions and commercial financiers to help fund the continent’s infrastructure gap of as much as $170 billion a year. The Abidjan-based lender is launching its Africa Investment Forum in Johannesburg. The forum will host its first meeting in November in South Africa’s commercial hub and will have “no speeches,” but ...