News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

US jobs shock creates doubt over Federal Reserve taper

A weak jobs report sent US government bond yields tumbling on Friday and created fresh uncertainty over the pace of the Federal Reserve’s tapering of its monetary stimulus programme.

Yellen will take over leadership of the Fed as it begins to reduce its $85 billion a month 'quantitative easing' programme

Janet Yellen voted in to become first woman to chair US Federal Reserve

The US Senate on Monday confirmed Janet Yellen as the new chairman of the Federal Reserve by a vote of 56 to 26.

Fed chairman Ben Bernanke's policy might not be cost-free

If the US rises from its economic sick bed, the world will follow

A week in Washington has convinced me that the economy there has turned the corner. Interest rates are rising, which means that ours will surely follow

Ben Bernanke prepares for Fed exit with upbeat assessment

The Federal Reserve remained committed to highly accommodative monetary policy despite having trimmed its bond-buying stimulus programme, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.

The most annoying, pretentious and often useless business jargon City boys love... and probably don't understand

They're confusing, pretentious and often meaningless

Japan’s Prime Minister Shinzo Abe is pushing through economic policies that have been coined Abenomics

2013 has been the year of smaller companies

Firms which avoided global woes provided the best returns

Review of the Year: View from the US saw a female hand on the Fed tiller, and two fine messes

The taper

After months of deliberation, during which time world markets convulsed wildly as investors speculated about the direction of monetary policy in the world’s largest economy, the US Federal Reserve this month reduced the size of its bond-buying programme.

The workforce is rising in some countries and falling in others. Why? Economists are puzzled …

These inactive folks stand ready to return to the labour force if jobs become available

Global markets rally as Fed reduces QE but pledges to keep rates low

Investors take the Fed's announcement as a sign that the US economy is strong enough to support further stock market gains

OUTLOOK: The world may not be ready yet to walk without central bankers' help

So, it's finally happened. The Fed's decision to slice $10bn (£6.1bn) a month off its quantitative easing programme is the clearest signal yet that Ben Bernanke, and his successor Janet Yellen, smell a real, full-blown recovery on the wind.

Bitcoin crashes after China bans banks from using virtual currency

The online currency Bitcoin plummeted more than 20 per cent today after Chinese regulators banned financial institutions from using it.

Bitcoin is an experimental digital currency that has gained popularity worldwide

Bitcoin value surpasses $1,000 for first time

The price at which a single unit of the digital currency trades has risen dramatically in recent months

Bitcoin is an experimental digital currency that has gained popularity worldwide

Bitcoin: 'Assassination Market' website raising the online virtual currency to hire assassins that target key US figures revealed

Those allegedly targeted on the site include Federal Reserve chairman Ben Bernanke, President Obama and NSA director Keith Alexander

Bitcoin price: exchange rate soars above $600 ahead of US Senate hearing

Letter from US Federal Reserve chairman highlights the "long-term promise" of virtual currencies

Fed chief dismisses suggestions that policies created 'bubble conditions'

The Federal Reserve chairman-designate Janet Yellen vigorously defended the central bank's stimulus policies today, dismissing suggestions it had created "bubble conditions" in financial markets. She left scant doubt the Fed under her leadership would continue this strategy until the economy had returned to normal.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue