Bloomberg Mark Carney says he’s staying at the Bank of England (BOE). He’s just not saying what he’s going to do. With his forecasting record proving patchy, the governor’s latest message is that the next move could be to tighten or loosen policy. A few months ago, policy makers foresaw a second interest-rate cut after the Brexit vote, while ...

  CAIRO / Reuters Egypt’s pound was almost steady early on Sunday as banks began trading freely for the first time since authorities ditched the currency’s peg in a policy shift designed to crush a black market and clinch an International Monetary Fund loan. Interbank trading began at 1030 a.m. (0830 GMT) but activity was extremely slow because banks were ...

  Bloomberg The European Union is raising the pressure on global banking regulators to ease proposed capital rules in an effort to protect lenders and the economy from major new costs. The European Parliament will add its voice next week to a chorus of resistance from EU regulators and policy makers including German Finance Minister Wolfgang Schaeuble. Lawmakers plan a ...