Fed Maintains Reserve Management Purchases at $10 Billion

The Federal Reserve said Monday it will buy about $10 billion of Treasury bills this period, unchanged from the previous two cycles, as policymakers seek to bolster reserves in anticipation…

Venezuela’s Inflation Spike Compounds Earthquake Misery

Venezuela’s monthly inflation more than doubled in June, deepening the hardship for families already reeling from the devastation caused by the twin earthquakes of June 24.

Warsh’s Balance-Sheet Panel Runs Into Market Reality Check

Wall Street strategists expect a group of senior academics and former policymakers assembled by Chairman Kevin Warsh to review the Federal Reserve’s $6.7 trillion balance sheet will face a difficult…

Europe Risks ‘Explosive’ Path If It Doesn’t Fix Debts, IMF Warns

Europe’s sovereign-debt dynamics are in danger of going badly awry if the region doesn’t get a grip on its public finances, the International Monetary Fund said.

Zurich Ranks Top in Disposable Income Poll Despite $7 Coffees

Zurich and Geneva may be the most expensive places in the world to buy your meat and veg but it’ll still pay off as the two Swiss cities top a…

Switzerland and UK Agree Trade Deal to Deepen Post-Brexit Ties

Switzerland and the UK concluded talks on an updated free-trade agreement, bringing Western Europe’s two major non-European Union economies closer together with a pact focused on services.

StanChart Sees Slower Nigeria Rate Cuts as Inflation Views Rise

Standard Chartered Plc. said that the Central Bank of Nigeria’s easing cycle will likely be slower and more cautious as inflation will be higher than anticipated and expectations remain unanchored.

Ethiopian Central Bank Raises Rates for First Time in Two Years

Ethiopia’s central bank raised the nation’s benchmark interest rate for the first time since its introduction two years ago to rein in inflation as it removed a cap on credit…

Kenya Eyes $500 Million Eurobond Buyback to Ease Debt Pressure

Kenya is considering buying back as much as $500 million of its eurobonds to extend maturities and ease repayment pressures, according to people familiar with the plans.

India’s Inflation Tops RBI Target for First Time in 17 Months

India’s inflation accelerated last month, rising above the Reserve Bank of India’s target for the first time in nearly a year and a half and keeping policymakers on guard.