Erkki Liikanen

The euro nearly slipped below $1.38 on news that the European Central Bank was considering taking its deposit rate below zero. The common currency traded at $1.3810 at 3:25 GMT on Wednesday morning as investors nervously eyed next week's ECB policy meeting. Finnish central banker Erkki Liikanen...

As the Fed taper approaches, emerging markets are finding it difficult to find solid ground. The fresh turmoil prompted policy makers at the Jackson Hole summit to consider the benefits of capital controls in such a situation. Over the weekend, a paper was presented at the summit which defended...