Disappearing euro zone inflation set to heighten ECB concerns

(Reuters) - Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action.

Mark Carney says Bank of England needs more power

Mark Carney said that a more powerful Bank of England was needed to prevent future financial crises and sought to distance himself from a "fatally flawed" central banking model brought in by Tony Blair's Labour government.

Draghi Says ECB Guidance May Help to Curb Euro Strength

European Central Bank President Mario Draghi said his forward guidance may help to weaken the euro and lower real interest rates, easing the risk that inflation won’t return to the goal set by policy makers.

Draghi dismisses talk of currency war, but watching euro

BRUSSELS (Reuters) - European Central Bank President Mario Draghi sought to take the heat out of a debate about currency wars on Monday but said the ECB would still have to assess the economic impact of the euro's strength.

Bank of Canada Governor: Focus of Bank of England Job Will Be Price Stability

TORONTO--Departing Bank of Canada Governor Mark Carney said he will focus on price stability, growth and reforming the European Union financial system as soon as he takes over as the Bank of England's next governor later this year.

ECB'S Nowotny sees no need to act on forex rates - paper

VIENNA (Reuters) - European Central Bank policymaker Ewald Nowotny sees no need to act now on currencies, he told a newspaper, reiterating the ECB had no target for the euro's exchange rate.

Draghi Signals Euro Strength May Damp ECB Inflation Outlook

European Central Bank President Mario Draghi signaled policy makers are concerned that the euro’s advance could damp inflation and hamper an economic recovery.