Bloomberg Turkey’s new central bank Governor Murat Cetinkaya emphasized in his first public appearance that curbing inflation remains the bank’s top priority, signaling continuity in monetary policy. The lira gained. At a press conference on Tuesday presenting the quarterly inflation report, Cetinkaya said the bank would do more to raise awareness about the importance to the overall economy of ...

  Bloomberg It’s the world’s most famous clock, an icon of London for a century and a half. It stood firm when the Luftwaffe bombed the Houses of Parliament. Now Big Ben is threatened by two deadlier enemies: water and modern paint. In early 2017, work will begin on a £29 million($42 million), three-year project to restore the Elizabeth Tower, ...

  Bloomberg Bond traders are signaling that even inflation expectations at 2016 highs won’t be enough to push the Federal Reserve to raise interest rates this week. Futures show the central bank will hold its benchmark unchanged when it meets on Tuesday and Wednesday as policy makers incorporate international events into monetary-policy decisions. The meeting will give policy makers a ...