Global private wealth rises to $152tn

The amount of private wealth held by households globally surged more than 14% to $152 trillion (£90tn) last year, boosted mainly by rising stock markets.

ECB Seen Holding Off More Policy Accommodation: Global Economy

Policy makers at the European Central Bank convening this week will probably hold off taking additional steps to stave off the risk of deflation amid inconsistent signals on the direction of prices.