The US economy grew at a slower rate than initially estimated in late 2013, the Commerce Department said on Friday.
It's a mystery.
The Bank of England governor, Mark Carney, has robustly defended his forward guidance policy in parliament against critics who argue it is confusing and has done little to persuade markets that an interest rate rise can be delayed for three years while the economy mends.
This week Ben Bernanke chairs his last meeting as head of the Federal Reserve – a position that has undoubtedly become the most important job in finance under his tenure.
Central banks on both sides of the Atlantic are once again being forced to think the unthinkable.
The Bank of England has rejected calls for a rise in interest rates despite a strong run of surveys showing the economy is recovering at its fastest pace since 2010.
Unilever's first profit warning in years is more a wake-up call for investors than a cause for strategic soul-searching in the boardroom.
The Bank of England is adopting a wait-and-see approach to providing a further boost to the UK economy as it assesses the strength of the recent pickup in activity.
Ben Bernanke may finally announce on Wednesday that he is about to start weaning the world off quantitative easing.