Bloomberg Federal Reserve policy makers are satisfied with the stance of monetary policy even if President Donald Trump isn’t. In a series of appearances last week, central bank officials hammered home the message that policy is on hold after three cuts in interest rates this year. “We have a favourable outlook for the economy,” Fed Vice Chairman Richard Clarida said …

Bloomberg Almost two years after Latvia’s central-bank governor was detained in a bribery probe, he’s getting the chance to prove his innocence in the courtroom. Ilmars Rimsevics, who also sits on the European Central Bank’s policy-setting panel, is attending his first hearing. He denies the charges against him, which carry a prison term of more than 10 years. Rimsevics’s case …

Bloomberg As long-term negative interest rates reshape life in the Nordic region, its biggest bank is trying to reinvent one of its most important business areas. Nordea Bank Abp says it’s rethinking how it does market making — a service that helps investors carry out securities trades and ensures liquidity — in an effort to adapt to long-term negative rates. …