Ultra-Low Interest Rates Here to Stay: 2021 Central Bank Guide

Central banks are set to spend 2021 maintaining their ultra-easy monetary policies even with the global economy expected to accelerate away from last year’s coronavirus-inflicted recession. In Bloomberg’s quarterly review of monetary policy that covers 90% of the world economy, no major western central bank is expected to hike interest rates this year. China, India, Russia and Mexico are among […]

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Niger mourns, probes weekend massacre in two villages

NIAMEY (Reuters) – Niger has declared three days of national mourning following the massacre of 100 civilians in two villages in the western region of the country where Islamist militants have carried out a series of attacks. The government said an investigation had been launched to find the perpetrators. Witnesses have said that over a hundred armed assailants on motorbikes […]

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Fed's Mester says monetary policy will remain accommodative for 'quite some time'

FILE PHOTO: Cleveland Federal Reserve Bank President Loretta Mester poses during an interview on the sidelines of the American Economic Association’s annual meeting in San Diego, California, U.S., January 3, 2020. REUTERS/ Ann Saphir(Reuters) – U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the […]

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Insurer Centene to buy Magellan in $2.2 billion mental health push

(Reuters) -Health insurer Centene Corp said on Monday it has agreed to buy Magellan Health Inc in a $2.2 billion deal including debt, looking to build up its mental health services as more Americans struggle with COVID-19-related behavioral and anxiety issues. Centene has offered $95 per share in cash, a 14.7% premium to the pharmacy benefits manager’s Thursday closing price. […]

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