Quantitative easing (QE) programs by central banks under the right conditions will always have a positive outcome for household demand, according to Willem Buiter, chief economist at Citi, who predicts that Japan and the euro zone will soon launch "massive" stimulus packages.
September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy – moving official interest rates in baby steps to keep inflation low – and unconventional monetary policy.
Want to understand what's happening in the eurozone? Then think back a couple of years to the early years of the UK's coalition government.
After years of denial central banks are finally coming around to recognise that they must take responsibility for asset bubbles that can wreak economic havoc.
Regulators have fined a trader more than £660,000 ($1.09m) for deliberately manipulating the UK bond market.
The US Federal Reserve cut another $10bn from its economic stimulus programme on Wednesday even as chairwoman Janet Yellen warned that harsh winter weather had hampered the country’s economic recovery.
Chancellor George Osborne has appointed a respected female economist as a Bank of England deputy governor, ending four years of an all-male interest-rate setting committee.
The US economy grew at a slower rate than initially estimated in late 2013, the Commerce Department said on Friday.
It's a mystery.