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.

Road to recovery: But there have been many bumps along the way

Is the sun rising on Japan – or is this just another false dawn?

'Abenomics' seems to be doing the trick for the second-largest economy after two 'lost decades'. Danielle Levy reports

Market Report: Drug giant immune to dose of optimism

The pharmaceutical giant GlaxoSmithKline missed out on the injection of optimism into the rest of the market yesterday as City analysts warned that it needs to spend more money on its pipeline of new drugs.

Fed looks to taper stimulus this year

Janet Yellen named to chair Fed as latest minutes reveal central bank concerns

Head of the Fed: Janet Yellen is not just more of the same

To characterise Yellen as simply a safe pair of hands is to mistake the circumstances in which she takes up her post

US shutdown: Markets drift on IMF warning over global economy

Global stock markets drifted Wednesday as news the Federal Reserve's vice chair will be nominated to head the US central bank gave only a slight lift to investor sentiment darkened by an IMF warning on the global economy.

Fed chairman Ben Bernanke's move back from slowing the stimulus sent jubilant investors racing back into risky assets at the prospect of extended easy money

Investors rush back as the Fed keeps on pumping cash

Investors piled into shares, bonds and the pound today after the US Federal Reserve's shock decision not to slow the pace of its money-printing programme.

US markets up after Larry Summers backs out of Federal Reserve race

The decision by Larry Summers to back out of the race to replace Ben Bernanke at the helm of the US Federal Reserve when he steps down next year, has boosted expectations of a dovish outlook for the monetary policy in the world’s largest economy, driving up stocks and bonds.

Pound gains ground as Summers pulls out

Sterling hit an eight-month high against the dollar today after former US Treasury Secretary Larry Summers decided to pull out of the race to be the next Federal Reserve chairman.

What the Sunday papers said

The Independent on Sunday: Fed to taper QE as US picks up

Fed set to taper QE as US picks up

Signs of gathering momentum in world's biggest economy will influence central bank's decision

US jobs disappointment cuts chances of Fed easing stimulus

The US economy created fewer jobs than forecast in August, dampening expectations that the Federal Reserve will start weaning the US economy off its stimulus programme this month.

Fed united on need to taper QE but split on timing

Markets left guessing on September wind down of stimulus programme

Slowing US economy likely to be boosted as Washington eases belt-tightening

Tighter fiscal policy and sluggish global demand, which has dampened exports, are seen as having hobbled the economy in the April-June period

Mark Dampier: Don't write off bond exposure just yet

It is still difficult to see interest rates in the UK rising before the next general election.

Market Report: ECB rule change is good news for RBS

Frankfurt rarely issues diktats that are helpful to the UK’s banks, but yesterday a rule change meant that taxpayer-backed Royal Bank of Scotland was the order of the day for investors. News of a change to the way the European Central Bank views loans on banks’ balance sheets helped RBS up nearly 4 per cent.

News
people
Arts and Entertainment
Joel Edgerton, John Turturro and Christian Bale in Exodus: Gods and Kings
filmDirector said film would 'never have been financed' with ethnic minority actors in key roles
News
people
Sport
footballArsenal 2 Borussia Dortmund 0: And they can still top the group
Arts and Entertainment
An unseen image of Kurt Cobain at home featured in the film 'Kurt Cobain: Montage of Heck'
film
News
Andy Murray with his girlfriend of nine years, Kim Sears who he has got engaged to
peopleWimbledon champion announces engagement to girlfriend Kim Sears
Arts and Entertainment
Jake Quickenden and Edwina Currie are joining the I'm A Celebrity...Get Me Out Of Here! camp
tv
Arts and Entertainment
George Mpanga has been shortlisted for the Critics’ Choice prize
music
News
Albert Camus (left) and Jean-Paul Sartre fell out in 1952 and did not speak again before Camus’s death
people
Arts and Entertainment
Roisin, James and Sanjay in the boardroom
tvReview: This week's failing project manager had to go
Career Services

Day In a Page

Independent Travel
Bruges
Lake Como
Burgundy
South AFrica
Paris
Northern Corsica
Prices correct as of 21 November 2014
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected
Christmas 2014: 23 best women's perfumes

Festively fragrant: the best women's perfumes

Give a loved one a luxe fragrance this year or treat yourself to a sensual pick-me-up
Arsenal vs Borussia Dortmund: Alex Oxlade-Chamberlain celebrates century with trademark display of speed and intuition

Arsenal vs Borussia Dortmund

The Ox celebrates century with trademark display of speed and intuition
Billy Joe Saunders vs Chris Eubank Jnr: When two worlds collide

When two worlds collide

Traveller Billy Joe Saunders did not have a pampered public-school upbringing - unlike Saturday’s opponent Chris Eubank Jnr
Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?