Bloomberg China drained the most short-term liquidity from the banking system in a year on a net basis as it reduced support after a week-long holiday. Government bond futures slid by the most since August. The People’s Bank of China (PBOC) offered 10 billion yuan ($1.6 billion) of short-term funds to lenders, resulting in a net liquidity withdrawal of 330 ...

Bloomberg Two Bank of England (BOE) officials moved to reinforce signals of an imminent rise in UK interest rates to curb inflation, with one telling households to brace for a “significantly earlier” increase than previously thought. Michael Saunders, one of the most hawkish members of the Monetary Policy Committee, suggested in remarks that investors were right to bring forward bets ...

Bloomberg India’s central bank surprised markets by suspending its version of quantitative easing, signalling the start of tapering pandemic-era stimulus measures as an economic recovery takes hold. There’s no need for further bond-buying, Reserve Bank of India (RBI) Governor Shaktikanta Das said in an online broadcast, while stressing the step is not a reversal of its accommodative policy stance. The ...