Bloomberg Federal Reserve officials have stepped off a predictable path of interest-rate increases and are signalling to investors a hard truth about relying on increasingly contradictory economic data: There are no easy answers anymore. It’s going to be choppy. It’s going to bring more surprises. And it may get rough on those trying to track the central bank’s strategy. A ...

Bloomberg As Danske Bank A/S is investigated for money laundering, a key question remains whether it was used by anyone on US sanctions lists. Denmark’s biggest bank has so far said there’s no evidence sanctions were breached. But it’s also acknowledged that the risk can’t be ruled out. Last week, Danish police filed the first criminal charges against Danske, zeroing ...

Bloomberg The Australian central bank’s (RBA) lackluster wage-growth outlook indicates it may have to leave interest rates on hold even beyond 2020. Annual pay rises won’t get above around 2.75 percent for at least the next two years, the Reserve Bank projects. That’s about 1 percentage point less than the wage growth levels achieved when it last began raising rates ...