Interest rates

House passes bill to reform Federal Reserve; Obama vows to veto

House passes bill to reform Federal Reserve; Obama vows to veto

The House of Representatives took on the Federal Reserve on Thursday, passing legislation to reform the way the central bank handles monetary policy and rate-setting decisions.

November 20, 2015 | 01:29 pm
Fed minutes indicate rate hike could come in December

Fed minutes indicate rate hike could come in December

Most members of the Federal Open Market Committee thought that the conditions for raising the federal funds rate “could well be met by the time of the next meeting” in December, according ...

November 18, 2015 | 03:45 pm
Fed mania misdirected on the control of the economy

Fed mania misdirected on the control of the economy

Institutional investors must wonder why the Federal Reserve Board doesn't have control over the levers of real economic growth. The market in some ways behaves as if it has.

November 09, 2015 | 12:51 pm

Bank of England keeps rate low; liftoff could be pushed back to 2017

The Bank of England was unexpectedly dovish regarding monetary policy Thursday, with the decision to leave interest rates unchanged at 0.5%, and hints that rates could remain at historically low...

November 05, 2015 | 03:17 pm