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Swedish central bank eyes global uncertainty as it mulls further…

STOCKHOLM (Reuters) – Uncertainties about the global economy mean Sweden’s central bank needs to move cautiously in tightening policy after its first hike in more than seven years, minutes of its December meeting published on Wednesday showed. Last month, the ... More »

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Last man standing: lonely Fed tightening spurs dollar surge

LONDON (Reuters) – As speculation about interest rate rises and policy ‘normalization’ in the euro zone, Japan, Britain and China falls away rapidly, the U.S. Federal Reserve’s now lonely monetary tightening has suddenly supercharged the dollar. The revival of... More »

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Swedish central banker Floden gets renewed mandate

FILE PHOTO: The sign for Sweden’s central bank is pictured in Stockholm, Sweden, August 12, 2016. REUTERS/Violette Goarant STOCKHOLM (Reuters) – One of the Swedish central bank’s most hawkish rate-setters, Deputy Governor Martin Floden, has had his mandate ext... More »

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Struggling European banks see light at end of low-rates tunnel

FILE PHOTO: Offices in the financial district of Canary Wharf in London, Britain, January 19, 2017. REUTERS/Kevin Coombs/File Photo Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with... More »