markets

Okay. Negative interest rates have now gone fully mainstream in the UK thanks to this week’s testimony by Bank of England deputy governor Paul Tucker...

Live markets commentary from FT.com

Convexity in Vix futures || Deflating shadow credit in China || BoE deputy on NGDP || Italian election aftermath || JPMorgan job cuts || New US defence...

It’s Charlie Bean, the Bank of England’s deputy governor for monetary policy, on nominal income targets. An old wine in a new bottle apparently,...

First, a reminder of the degree to which China’s growth has been increasingly fuelled by credit over the past few years:

The chart above doesn’t...

Elsewhere on Wednesday,

- A perfectly fair and reasonable way to rank central bankers.

- Draining excess reserves and the Fed’s exit strategy.

-...