Bloomberg The Federal Reserve won’t wrap up a year-long review of its policy framework for months, but some officials are already shifting their approach to hitting the central bank’s inflation goal. The number of policy makers forecasting above-target inflation in three years’ time jumped to seven in December projections. That looks like a signal they’re deliberately aiming to generate price ...

Bloomberg Bank of China Ltd agreed to pay 3.9 million euros ($4.2 million) to settle a French probe into allegations it turned a blind eye as customers moved millions to their Asian accounts without paying European taxes. Paris prosecutor Remi Heitz said Bank of China will pay a 3 million-euro fine and 900,000 euros in damages to French tax authorities ...

Bloomberg Mark Carney’s final decision at the Bank of England (BOE) is on a knife edge, and the governor hasn’t done anything to ease the tension. While the Canadian, who hands over the reins to Andrew Bailey in March, has mostly held investors’ hands before crucial policy meetings, this time he’s allowing them to figure it out for themselves by ...