American Factories Making a Comeback as Domestic Demand Picks Up

American factories are starting to climb out of a slump on the back of stronger consumer spending. The Institute for Supply Management said its June factory index increased to 53.5, the best reading in five months, from 52.8 in May.

Interest rates may be held until late 2015 as inflation likely to fall below 1%

The Bank of England has signalled that interest rates could remain on hold until next autumn as inflation is likely to fall below 1% in early 2015.

Rapidly rising UK house prices not just a 'London problem' - BoE's Cunliffe

LONDON (Reuters) - The problem of rapidly rising house prices is not isolated to London, a top Bank of England policymaker said on Thursday.

Pound Looks to Financial Stability Report to Drive BOE Rate Hike Bets

The spotlight turns to the Bank of England once again in European trading hours as Governor Mark Carney presents the bi-annual Financial Stability Report (FSR).

Bank of Canada's enhanced financial stability framework shows system is robust, housing vulnerabilities remain

OTTAWA , June 12, 2014 /CNW/ - The Bank of Canada today unveiled an enhanced framework to gauge the evolving risks to financial stability in its semi-annual Financial System Review (FSR), finding that the Canadian financial system is robust but still faces significant vulnerabilities.

Bank of England hints at possible rate rise this year

The governor of the Bank of England, Mark Carney, has signalled that interest rates may rise this year.

Canadian Consumer Confidence Reaches Almost 4-Year High

Canadian consumer confidence was the highest in almost four years last week as sentiment about the job market improved and the real-estate outlook remained strong.

BoE's Haldane says IMF needs more funds

MANCHESTER, England (Reuters) - The International Monetary Fund needs more money to become a better bulwark against financial crises spreading, a senior Bank of England official said on Wednesday.

IMF sees limited room for Bank of Canada rate cut

OTTAWA (Reuters) - The International Monetary Fund (IMF) said Monday Canada's central bank is likely to hold its main interest rate steady until early 2015, and the bank has limited room to cut rates because of overvalued housing prices and record household debt.

Business lending slump deepens, as mortgage approvals hit fresh high

The slump in business lending has deepened, it has emerged, further sharpening the contrast with a surging mortgage market.

Business lending drops in October as BoE adjusts Funding for Lending

Just a day after Mark Carney overhauled the Funding for Lending scheme to refocus it on business finance only, new Bank data has shown a fresh drop in lending to UK businesses.

Not Bank of England's role to regulate house prices - policymaker

Oct 21 (Reuters) - It should not be the Bank of England's job to regulate house prices, a BoE policymaker said on Monday.

Swiss economy powers ahead in second quarter

ZURICH (Reuters) - Switzerland's economy grew by a robust and better-than-expected 0.5 percent in the second quarter, data showed on Tuesday, driven by private consumption and spending on machinery.

Fed buys $13.3 billion of mortgage bonds, sells none

(Reuters) - The Federal Reserve bought $13.3 billion of agency mortgage-backed securities from July 4 through July 11, less than the $16.9 billion it purchased last week, the New York Federal Reserve Bank said on Thursday.

Calculating the Impact of Cyprus’s Bailout

WHAT are the implications of the huge losses — 60 percent — that the Cypriot bailout is imposing on the biggest depositors of that country’s two largest banks?

Analysis: Easy Fed softens fiscal policy punch on economy

WASHINGTON (Reuters) - The Federal Reserve's aggressive easing of monetary policy is proving surprisingly effective at blunting the blow to the economy from tighter fiscal policy, according to economists who have been scrambling to raise their growth forecasts.

US economy shrinks a surprise 0.1% in fourth quarter

The US economy unexpectedly shrank at an annualised rate of 0.1% in the fourth quarter of 2012, initial official estimates indicate.

After volatile year, area investment advisers are optimistic for 2013

If you've put in a worried call to your financial adviser recently, or just felt a little motion-sick watching the markets rise and fall, you're not alone.

US Fed says low interest rates are likely until 2015

The Federal Reserve is likely to keep US interest rates at the current near-zero rate until 2015, minutes from its September rate-setting meeting have shown.

US consumer spending rose 0.5 per cent in August

WASHINGTON: Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have forced consumers to cut back elsewhere.