Bloomberg The European Central Bank (ECB) will only have a narrow window to raise interest rates before the euro-area economy becomes too weak, according to a Bloomberg survey of economists. Mario Draghi is seen lifting the deposit rate at his final meeting as president in October, but his successor will only have until spring of 2020 to tighten policy before …

Bloomberg Real interest rates in South Asia are among the highest in the world, raising prospect of more dovish monetary policy in region. Sri Lanka, Pakistan and India rank in the top five of world’s major economies with the highest inflation-adjusted interest rates. While negative real rates might be considered a sign of financial instability, a high inflation-adjusted benchmark interest …

Bloomberg The People’s Bank of China has been quietly guiding interbank borrowing costs down without actually cutting official interest rates, with the latest move a record one-day injection of cash into the market. The central bank pumped a net 1.14 trillion yuan ($169 billion) into the financial system through open-market operations so far, with one say’s operation the biggest one-day …