Bloomberg The Swiss National Bank (SNB), which has the lowest interest rate among the world’s major central banks, may be done cutting. SNB President Thomas Jordan and his fellow policy makers will keep the deposit rate unchanged at minus 0.75 percent until at least the end of the first quarter of 2019, according to the median forecast in Bloomberg’s ...

Bloomberg The Bank of England (BoE) has been granted the ability to limit borrowing by investors in rental housing, increasing the central bank’s control over the property market. The BoE’s Financial Policy Committee has been given new powers to cap buy-to-let mortgage lending by regulating loan-to-value and interest coverage ratios, the UK Treasury said in a statement. UK benchmark interest ...

  Seventeen days before President Donald Trump, his spoken oath of office still lingering in the wintry air, lifts his left hand from Scripture (a leather-bound edition of “The Art of the Deal”), the Republican-controlled Congress will begin working. Fittingly, on Jan. 3 the First Branch of government will go first, flexing its somewhat atrophied Article I muscles. When Trump ...