Bloomberg European Central Bank Executive Board member Benoit Coeure warned that the rising euro could depress inflation unless it’s offset by a strengthening economy, bolstering the case for keeping monetary policy loose for an extended period. “Exogenous shocks to the exchange rate, if persistent, can lead to an unwarranted tightening of financial conditions with undesirable consequences for the inflation outlook,” …

Bloomberg India’s inflation is seen accelerating in the final reading on consumer prices before the central bank decides on interest rates next month, complicating matters for Governor Urjit Patel amid increasing evidence that economic growth is weak. Consumer prices probably rose 3.24 percent in August from a year earlier, according to the median of 36 estimates in a Bloomberg survey …

Bloomberg Here’s something else for policy makers to worry about as they attempt to engineer a soft landing in Australia’s property market. The country’s lenders could be sitting on $402 billion of “liar loans,” or mortgages obtained on inaccurate financial information, according to an estimate from UBS Group AG. A survey by the firm of 907 Australians who took out …