Bloomberg The European Central Bank (ECB) will only have a narrow window to raise interest rates before the euro-area economy becomes too weak, according to a Bloomberg survey of economists. Mario Draghi is seen lifting the deposit rate at his final meeting as president in October, but his successor will only have until spring of 2020 to tighten policy before …

Bloomberg Real interest rates in South Asia are among the highest in the world, raising prospect of more dovish monetary policy in region. Sri Lanka, Pakistan and India rank in the top five of world’s major economies with the highest inflation-adjusted interest rates. While negative real rates might be considered a sign of financial instability, a high inflation-adjusted benchmark interest …

Bloomberg The People’s Bank of China has been quietly guiding interbank borrowing costs down without actually cutting official interest rates, with the latest move a record one-day injection of cash into the market. The central bank pumped a net 1.14 trillion yuan ($169 billion) into the financial system through open-market operations so far, with one say’s operation the biggest one-day …

Bloomberg Goldman Sachs Group Inc expects India’s central bank to cut interest rates by a quarter percentage point in February, the latest to add its voice to a chorus of calls for monetary policy easing. The Wall Street bank said lower inflation projections, and expectations of a slower pace of US policy rate hikes prompted it to shift its call …

Bloomberg The window to restock monetary ammunition is closing for the world’s major central banks. With economic growth slowing and inflation lagging in big economies like the US and euro area, a push to escape crisis-era policy settings that include rock bottom interest rates appears at risk of stalling. That will leave less firepower to fight off the next economic …

Bloomberg While Chinese shoppers may not be buying much Tiffany jewellery in New York City these days, it appears they’re happy to open their wallets in Beijing. That’s a trick Apple Inc. hasn’t been able to pull off. Tiffany & Co, whose overall holiday sales fell flat, reported double-digit sales growth in mainland China in the final two months of …

Bloomberg A hard Brexit could bring queues at airports and put a brake on new routes, but airline passengers should at least be able to chow down on an in-flight meal. With concerns growing that a no-deal split will snarl traffic at UK ports, stalling the flow of goods, the world’s biggest caterer to the aviation industry has begun to …

Bloomberg London Heathrow airport held onto its status as Europe’s busiest hub last year with a pack of four challengers almost neck-and-neck in the competition for second place, data compiled by Bloomberg show. Moscow Sheremetyevo joined the regional top 10 at the expense of Rome’s Fiumicino terminal, spurred by a surge in soccer fans attending the World Cup finals, and …

Bloomberg Debenhams Plc is in talks with landlords to negotiate rent cuts as the UK department-store chain seeks to ease the burden of its store portfolio, FT reported, citing unidentified people familiar with the matter. British Land Co and Intu Properties Plc have the largest exposure to the retailer, the newspaper reported, citing data from Colliers International. FT said Debenhams …

Bloomberg Travellers may see longer wait times at US security checkpoints — particularly at New York area airports and major hubs like Chicago — due to fewer TSA agents reporting for work as the government shutdown stretches into its 30th day. Unscheduled absences for TSA employees climbed to 8 percent on Saturday versus 3 percent a year ago, with some …