ECB’s Weidmann: Global economy has firmed further

Bundesbank leader Jens Weidmann – ECB policy to remain accommodative even after QE ends – Eurozone momentum allows for policy normalization – Says Basel III agreement ‘within reach’ Earlier today, the QE in half to 30 billion euros per month starting in January. Copyright 2015

BOE’s Carney: UK running out of spare capacity

Hawkish comments from Carney – Asked if the BOE should raise rates, he said the UK running out of space capacity and tolerance for over-target inflation – Repeats that a rate rise is likely to be appropriate in the coming months Mark Carney is proof of how far a confidence and good looks can take…