Bloomberg Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June, economists said in a Bloomberg survey. In the January 21-23 poll, the mean forecast from 28 respondents predicted no move in the federal funds rate until at least 2022, the same as ...

Bloomberg If you want to know what long-term negative interest rates are doing to banks, watch Denmark in the coming months. Danes have lived with subzero rates longer than anyone else, after the central bank resorted to the policy in 2012 to defend its currency peg. But according to the country’s financial watchdog, it’s only now that the real cost ...

Bloomberg The head of India’s biggest lender said he’s certain “some solutions will emerge” to steady Yes Bank Ltd, which has been on a prolonged quest to raise new capital. “Yes Bank is a significant player in the market with an almost $40 billion balance sheet,” State Bank of India (SBI) Chairman Rajnish Kumar told Bloomberg Television in Davos. “I ...