Bloomberg The Bank of England (BOE) may need to increase interest rates at a quicker pace than currently envisaged by markets, according to policy maker Michael Saunders. Spare capacity in the economy has been used up, and, assuming Brexit reaches a smooth conclusion, inflationary pressures will probably build somewhat faster than officials predicted in their latest projections, Saunders said in ...

Bloomberg India’s government wants to discuss changes to the Reserve Bank of India’s governance structure at a board meeting next month, including setting up some oversight panels, Economic Secretary Subhash Chandra Garg told ET Now. Garg, who is a government nominee for the RBI board, told another television channel CNBC-TV18 that the administration will ask for more interim dividends from ...

Bloomberg Italy’s central bank warned that low growth and high public debt pose the greatest risks to financial stability, while further sovereign bond market tensions would hurt banks’ capital and the solvency position of insurers. In its Financial Stability Report, the Bank of Italy outlines risks arising from uncertainty about the economic and fiscal policy in the country, which led ...