Bloomberg The European Central Bank (ECB) would risk exacerbating inequality if it were to raise interest rates before ceasing asset purchases, according to Executive Board member Isabel Schnabel. Such a scenario is one example of how considerations of the broader impact of monetary policy should feature in decision-making, Schnabel told a conference organised by the US Federal Reserve. She highlighted ...

Bloomberg Stay away from US stocks and bonds next year, and seek out better returns in Europe and Japan. That’s the advice of Morgan Stanley’s strategy team, which sees fading monetary support and high valuations holding back American assets in 2022, even as growth improves and inflation moderates. Fundamentals are more attractive in Europe and Japan, where central bankers will ...

ABU DHABI / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, representing President His Highness Sheikh Khalifa bin Zayed Al Nahyan, participated in the “Paris International Conference for Libya,” which was held in the French capital, Paris. During his speech, the minister conveyed the greetings and appreciation of the UAE leadership to France, Germany, Italy, Libya ...