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These emerging economies are not afraid of QE’s end

Bloomberg While the prospect of the European Central Bank’s withdrawal of monetary stimulus is bringing closer the end of an era of record-low borrowing costs in emerging Europe, it isn’t worrying countries both inside the euro area and those just on its eastern fringe. Governments from Slovakia to Croatia say their economies are in much better shape than when investors ...

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SNB seen sticking with rock bottom rate through 2019

Bloomberg The Swiss National Bank’s (SNB) somewhat more upbeat inflation view may not necessarily translate into early rate increases, according to a Bloomberg survey. In their first take since the SNB’s December policy meeting, when the central bank adjusted its forecasts, economists still see Switzerland’s deposit rate staying at a rock-bottom minus 0.75 percent until late 2019. A 25-basis point ...

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Heathrow’s sloping runway plan to cut costs by $3.4bn

Bloomberg London’s Heathrow Airport put forward proposals for a sloping runway and said the landing strip could be shortened as it seeks to cut 2.5 billion pounds ($3.4 billion) from the cost of expansion plans. Europe’s busiest hub also proposed the phased opening of new terminals and a number of alternative road links as part of a 10-week consultation aimed ...

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