BLOOMBERG The Bank of Canada (BoC) is limited in how much its interest rate increases can lag behind those of the Federal Reserve, with the gap threatening to weaken its currency and fuel inflation, according to an economist at Bank of Nova Scotia. Canada’s central bank was able to tighten less than the Fed in previous cycles when core inflation ...

BLOOMBERG One of the pioneers of European Central Bank (ECB) monetary policy has a stark warning for officials about the threat of more inflation bearing down on the region’s economy. Otmar Issing, the former Bundesbanker who became the first chief economist of the Frankfurt-based institution in 1998, reckons further consumer-price pressures may already be in the pipeline. “I expect that ...

BLOOMBERG Hong Kong’s newest carrier Greater Bay Airlines Co ordered 15 Boeing Co 737-9 Max jets and committed to five 787s as it looks to rapidly expand its network. The Max order is worth around $785 million, according to figures from aircraft appraiser Avitas Inc, while the five Dreamliners are worth $722 million, based on the 787-9 model and factoring ...