Bank of England governor Mark Carney said at the weekend that a slowdown in China’s economy could push down further on inflation but it did not change, for now, the central bank’s position on when and how it might increase interest rates.

China’s economic problems are “unlikely” to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed.

A recent speech by ECB president Mario Draghi was significant in breaking three previously sacrosanct taboos about the structure and operation of the euro, writes Jean Pisani-Ferry

A German news magazine yesterday reported that Chancellor Angela Merkel is unhappy with ECB chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe.

The ECB meeting on Thursday is the prime event for markets seeking clarity on the bank’s response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the eurozone.

Mario Draghi is once again testing whether words can replace action. 

Bank of England deputy governor Ben Broadbent said that the path of UK interest rates is going to be "materially different" than in the past.

Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming.

Sandra Bullock has enjoyed an early 50th birthday celebration at a cowboy bar.

German central bank chief Jens Weidmann’s reported threat to resign has piled pressure on ECB president Mario Draghi to mollify opposition to a new bond-buying plan without tying it up in so many knots it is rendered ineffective.

The euro gained against the majority of major currencies after German business confidence fell less than some economists forecast, suggesting the region’s largest economy can withstand the sovereign-debt crisis.

Justin Timberlake and Jessica Biel have got married.

GERMANY, Spain and the European Union rebuffed International Monetary Fund managing director, Christine Lagarde’s call for an “urgent,” potentially mandatory, recapitalisation of Europe’s banks.

US Federal Reserve chairman Ben Bernanke is proposing no new steps by the Fed to boost the economy while hinting that Congress may need to act to stimulate hiring and growth.

The US Federal Reserve has said it is likely to keep interest rates at record lows for the next two years after acknowledging that the US economy is weaker than it had thought.

Harrison Ford is set to wed his longtime girlfriend Calista Flockhart, according to US reports.

Stocks finished a back-and-forth session mixed today as investors grappled with weaker-than-expected economic data and weighed the chances of the Federal Reserve lowering interest rates.

Stocks in the US finished a back-and-forth session mixed today as investors grappled with weaker-than-expected economic data and weighed the chances of the Federal Reserve lowering interest rates.

Stocks rebounded sharply today as investors, growing more optimistic about chances for an interest rate cut, sought bargains after the previous session’s huge tumble.