Bloomberg The world’s central bankers are learning that there’s virtually no room for error as they try to find a way out of a decade of extreme monetary stimulus. That’s the message from Norway’s central bank governor, Oystein Olsen, who also oversees the country’s $1 trillion sovereign wealth fund. “Unexpected things can happen, and the warning, call it a small ...

Bloomberg European Central Bank policy maker Benoit Coeure signalled that officials are close to starting talks on altering their policy language as they prepare for the eventual end of bond purchases. “Our communication on monetary policy will change” Coeure told reporters on in Skopje, Macedonia. “Certainly the expectation is that this will be discussed in early 2018.” The ECB is ...

Bloomberg Fewer than half the world’s biggest banks are doing enough to forestall climate change that poses risks to their markets and economies. Most lenders still aren’t producing firm targets for low-carbon financial products that will aid efforts to keep temperatures from rising, according to a survey of 59 banks conducted by Boston Common Asset Management LLC. Even the strongest ...