Bloomberg Indonesia’s central bank has cut borrowing costs enough to spur growth in the economy, Senior Deputy Governor Mirza Adityaswara said, giving his clearest signal yet that the bank’s easing policy is over as inflation pressures pick up. Boosting growth is “not about interest rates anymore,” Adityaswara said in an interview in Jakarta on Thursday. “We monitor the external ...

  Bloomberg For Mario Draghi, ‘all talk and no action’ at the European Central Bank may be just fine this week. The ECB president essentially preempted Thursday’s monetary policy decision back in December, when he announced that bond purchases will be extended until at least the end of 2017. With updated inflation forecasts said to be little changed for 2018 ...

  Abu Dhabi / WAM The Emirates NBD Dubai Economy Tracker Index (DET) eased slightly to 56.2 in February from the two-year high reached in January, according to new data released today by the lender. The DET in February was higher than the average reading for 2016, signaling an acceleration in economic growth at the start of this year. Output and ...