House Republicans Intensify Attacks on Federal Reserve

WASHINGTON — The relationship between Congress and the Federal Reserve took a turn for the worse on Wednesday.

Britons should not fear rise in interest rates when they come, says BoE member

The Bank of England is prepared to raise interest rates “in the near future” if inflation picks up, one of its senior policymakers has warned.

Switzerland deal to help Italy combat tax evasion

Italy and Switzerland have signed a deal to share information in a bid to tackle tax evasion. The deal offers a partial tax amnesty to Italians that have hidden cash in Switzerland.

Greece scrambles to finalise fiscal reform list

Greek government officials are racing to complete a list of reform proposals that will be scrutinised by the country’s international creditors this week as Athens seeks an extension to its €240bn (£177bn) bailout.

UK finances buoyed by influx of payments from wealthy taxpayers

The government’s finances improved last month to post their biggest surplus in seven years, after an influx of delayed payments from wealthy taxpayers who benefited from a cut in the 50p top rate of tax.

Eurozone business activity at seven-month high, survey says

Eurozone business activity has reached a seven-month high, prompting companies to take on more staff, a closely watched survey indicates.

ECB deflation fears sparked QE launch

Fears of continued deflation in the euro zone spurred the European Central Bank's (ECB) Governing Council to launch its controversial quantitative easing program in January, minutes of the key policy meeting revealed.