Economics headlines

Fed accuses banks of ignoring risks of commercial real estate debt – WSJ

Bank of England holds rates at 0.5% and keeps QE static – FT Money Supply

European Central Bank holds rates steady at 1.0 % – FT

US Mint stops production of some gold coins due to unprecedented demand – US Mint

US considers 98.7% duty on steel pipes – FT

Nobel Prize winner says trade situation worse than Great Depression – WSJ

Who will follow Australia to raise rates first: Norway, New Zealand, Canada or South Korea? – FT

Latvian central bank distances itself from government policy – Latvian central bank

Fitch forecasts steep drop in UK house prices – FT

Ireland has raised €7bn in 15-year government bonds, taking year’s total to €32.4bn – FT

Lithuania plans to issue $1.5bn 5-year government bonds, first issue since 1997 – Bloomberg

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