Second-quarter UK growth steady at 0.7%

UK economic growth for the second quarter of the year was unrevised at 0.7%, official figures have shown.

Dollar Falls as Investors Confront Fed Reality Amid Global Rout

Dollar bulls are having a reality-check moment as the Federal Reserve keeps traders guessing about when it will raise interest rates.

UK services growth slips in July as employment hits 16-month low

British services companies grew less than expected last month as hiring eased to its slowest pace since March 2014, suggesting the economic recovery weakened at the start of the second half of this year.

Interest rates: economists and homeowners brace for Super Thursday

Britain’s mortgage borrowers will be warned this week to brace themselves for higher interest rates on what City of London traders have dubbed “Super Thursday”.

Opinion: Here’s the real reason the Fed wants to raise rates

Federal Reserve policy makers are hoping, even praying, that no unexpected domestic development or international crisis intervenes to prevent them from taking the first baby step to normalize interest rates at the Sept.16-17 meeting.

Canada’s Weaker Dollar Helps to Blunt Oil Shock, Schembri Says

A weaker dollar is helping Canada’s economy cope with a drop in crude oil prices, central bank Deputy Governor Larry Schembri said.

Fed won't hike rates because they're too scared: Economist

Wall Street breathed a sigh of relief last week, as the Federal Reserve held off on raising interest rates.

OECD tells George Osborne to spread pain of public spending cuts

George Osborne should spread the pain of tough public spending cuts beyond the next two years, according to the OECD in a critique of the chancellor’s debt consolidation strategy.

Euro zone set to report solid growth, for a change

LONDON (Reuters) - With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.

US Federal Reserve chair highlights concerns over ultra-low interest rates

Janet Yellen, chair of the US Federal Reserve, has highlighted the risks of ultra-low interest rates for financial stability, warning investors that share valuations are “quite high”.

G-20 Says Volatile Currencies Pose Risk After Dollar Surges

Global finance chiefs identified volatile currencies as a threat to an improving world economy, signaling for the first time that they may be concerned by a surging U.S. dollar.

ECB’s Linde Says Negative Yields Won’t Last as Economy Recovers

European Central Bank Governing Council member Luis Maria Linde said negative yields on Spanish debt probably won’t persist as the recovery continues.

Dollar's surge could delay Fed decision to raise rates

The interest rate on an American home mortgage later this year could depend a lot on how many euros, yen, pesos and rupees a dollar will fetch.

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.

Eyes on Fed after ECB, other bank stimulus moves

(Reuters) - The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan.

China Cuts Interest Rates to Boost Flagging Economy

China’s central bank has cut interest rates, for the first time in more than two years.

China could 'punish' Hong Kong over protests, says ex-HK central bank chief

A member of China’s central bank’s advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue.

Asia economic growth to languish as China slows: poll

(Reuters) - Emerging Asia will contribute less to the global economy in 2015 than was expected just months ago as a slowdown in China drags on growth in the region, partially offset by acceleration in the United States, Reuters polls showed.

Australia monetary policy setting set to support demand growth: RBA

(Reuters) - Australia's monetary policy setting is currently configured to support growth in demand, a senior Reserve Bank of Australia (RBA) official said on Monday.

Draghi's ECB surprise puts off bigger quantitative easing for now

(Reuters) - The European Central Bank's surprise interest rate cut and new schemes to bolster lending have allowed its president to swerve a thorny debate over full-scale money printing in the hope that such a move may never be needed.