Bloomberg Mario Draghi’s silence on the future of quantitative easing is complicating a key aspect of the European Central Bank’s policy process. The ECB president and his colleagues typically back up shifts in strategy with their economic projections, which are based on market indicators that include expectations for future policy. Except that less than four months before the current asset-purchase ...

Bloomberg The Bank of Japan should stop being obsessed with its 2 percent inflation target given prices and interest rates around the world remain subdued, says the former currency chief at the Ministry of Finance. The world’s third-largest economy has recovered enough for the central bank to scale back stimulus policy to give itself some room to maneuver should conditions ...

Bloomberg K. Balasubramanian, group head for corporate banking at HDFC Bank Ltd., is leaving India’s most valuable bank to return to his previous employer Citigroup Inc., according to people familiar with the matter. Balasubramanian, 46, will join the corporate banking team as a Mumbai-based managing director for the New York-based lender, the people said. Representatives for both banks declined to ...