News
Bloomberg | Banks to Get EU Approval to Use Wider Range of ABS Debt
European Union banks are set to win the right to use a wider range of asset-backed debt to meet their liquidity requirements as the bloc hunts for ways to boost the market for such securities.
Econ Comments & Analysis
WSJ | Paul Volcker: Back to the Woods?
Former Federal Reserve Chairman Paul Volcker called last month in Washington for a new Bretton Woods, the 1944 conference of World War II Allies that set up an international gold-exchange regime. His remarks received little media attention.
Blogs
WSJ | A Guide To Gauging The Impact of the ECB’s Negative Deposit Rate
Wednesday marked the first day that the ECB charged banks for keeping overnight deposits with it. The move is designed to encourage bank lending, and help boost the euro zone’s still fragile economic recovery. What are the indicators that will tell us whether the ECB’s most daring policy move is working?
Market Watch | Import price rise shows deflation concerns becoming a distant worry
The inflation picture looks to be changing very quickly, and May’s import price data feeds into that story. On a monthly basis, import prices nudged up by 0.1% on higher fuel prices, the Labor Department said Thursday.
