Bloomberg Sweden’s Riksbank has “fairly good” prospects to bring inflation back towards its 2% target and avoid persistent price increases, though there will be short-term economic pain, Deputy Governor Per Jansson said. “Unfortunately there is no way out of this situation that doesn’t entail costs,” Jansson said in a speech in Stockholm. “It will be tough, no question about ...

  Bloomberg Credit Suisse Group AG named Neil Hosie to lead the bank’s global equities team, amid ongoing management turnover and restructuring at the investment bank unit. Hosie will be based in London and report to co-head of markets, Michael Ebert, according to an internal memo seen by Bloomberg News that was confirmed by a spokeswoman. Hosie, who has been ...

Bloomberg A closely-watched interest-rate metric has convinced Morgan Stanley strategists that the euro area can withstand further increases in borrowing costs, boosting their bullish view on the single currency. The near-term forward spread — the difference between the three-month rate and where investors see it in 18 months’ time — is inverted for markets including the US and New Zealand, ...