Bloomberg Poland’s central bank left its benchmark interest rate unchanged for a 13th month as its revamped policy council defies expectations for deeper monetary easing in the face of the longest bout of deflation in 60 years. The 10-member panel on Wednesday left the seven-day reference rate at a record-low 1.5 percent, matching the predictions of all 34 economists surveyed ...

Bloomberg Germany’s two-year note sale on Wednesday provided more evidence that an increasingly gloomy economic outlook in the euro zone keeps driving investors to buy negative-yielding securities in return for their safety — and potential capital gains. The country’s bonds, which have returned 4.4 percent percent this year, were mostly little changed as Europe’s largest economy allotted €3.24 billion of ...

Bloomberg The lira fell the most in emerging markets after Turkey’s Economy Minister became the latest official to call for interest rate cuts, stoking concern that politicians are interfering in monetary policy. Speculation that global growth is faltering also contributed to the drop. The currency lost 0.6 percent to 2.8488 per dollar, the weakest level in more than a week, ...