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bloomberg.comIndonesia Pledges ‘Stronger Measures’ as It Raises Key RateIndonesia’s central bank raised its benchmark interest rate for the first time since 2014 and pledged to take “stronger measures” to maintain stability after the currency took a beating along with other emerging markets amid a global rout.
bloomberg.comECB's Villeroy Sees Rate Hike ‘Quarters’ Not Years After QE EndEuropean Central Bank policy maker Francois Villeroy de Galhau signaled that he expects bond purchases to end this year and an interest-rate hike could follow in 2019, putting him in the camp of officials who see the current euro-area slowdown as temporary.
bloomberg.comECB Watches Italy Yields Spike as Populists Form GovernmentEuropean Central Bank Vice President Vitor Constancio said policy makers are watching Italian bond spreads that widened as populist parties inched closer to forming a government with promises of tax cuts and increased spending for the country with the continent’s biggest public debt.