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Lagarde kicks off public consultation on monetary policy

Bloomberg European Central Bank (ECB) President Christine Lagarde kicked off a public consultation on her strategy review with the first direct video address by the institution’s chief to euro-area citizens. Adopting a communication technique untested by her predecessors, the Frenchwoman spoke to camera to invite views on monetary policy in a broadcast on Twitter released in tandem with a press ...

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‘Brexit uncertainty lifting from economy’

Bloomberg Most of the Brexit uncertainty that has been overshadowing the UK economy has lifted, although it’s too early to say business investment is fully returning, according to Bank of England (BOE) Chief Economist Andy Haldane. A “big chunk, if not all” of the uncertainty has dissipated, Haldane said in answer to questions following a speech at Bloomberg’s European headquarters ...

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Vietnam cuts interest rate for virus-hit firms

Bloomberg State Bank of Vietnam orders commercial lenders to exempt, reduce or delay interest payments due January 23 to March 31 on loans to businesses facing losses from the novel coronavirus epidemic, according to a statement. The move comes as the nation’s fast-growing economy is at risk of slowing to below 6% for the first time in six years as ...

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