Economic View: What happens to US rates affects the rest of the world but so too does what happens to the US economy

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

Outlook: We are right to take some cheer from the latest run of official statistics. The evidence is mounting that our economy is, albeit very slowly, moving in the right direction.

Poll gives US President lowest approval rating in nearly two years

Economic View: I personally find it astounding that the West could have allowed such a build up of debt to occur

The City isn’t known for penny-pinching, but news that a mining company was taking control of spending, slashing bosses’ pay and culling the number of executives sent it to the top of the mid-tier index.

US monetary policy is not on a “preset course” and a “highly accommodative” stance “is appropriate for the foreseeable future,” Ben Bernanke said, in a bid to reassure jittery markets.

US Federal Reserve Chairman Ben Bernanke has introduced the term ‘taper’ to the lexicon of central banking. European Central Bank President Mario Draghi’s stated strategy is “whatever it takes”. Economic Commissioner Olli Rehn recently clarified that European policies were directed at ‘diluting’ not ‘breaking’ the link between banks and sovereigns.

FTSE 100 up by more than 40 points, led by mining stocks as Fed head Ben Bernanke says he's committed to monetary stimulus

A huge surge in bond trading after the United States Federal Reserve shook markets with plans to slow its money-printing programme failed to save broking giant Icap from a City sell-off yesterday.

Boost for George Osborne's deficit-busting plans as it almost entirely reverses the IMF's earlier growth forecast cuts

Shares held on to most of their Mark Carney-inspired gains yesterday, despite  surprisingly strong job figures from the US sparking fears the Federal Reserve would cut its quantitative easing (QE) programme.

Stock market turmoil today claimed the scalp of one of Europe’s biggest IPOs in recent years, dashing hopes of a €1 billion (£850 million) comeback from private equity mogul Guy Hands.

A new era at the Bank of England dawns tomorrow as Canadian Mark Carney takes the reins and prepares for his first decision on interest rates and money-printing within days.