Small portfolio tweaks, emerging markets and money market funds are options — but prospects for big profits are rare.
The Federal Reserve is welcoming a debate among economists about proposed changes that might improve its response to future economic downturns.
With the central banks of the United States and Britain raising rates, the European Central Bank turns its attention to the year ahead and how fast it should roll back stimulus.
The Federal Reserve is expected to raise its benchmark interest rate by a quarter point, and to issue a new economic forecast.
Economists expect the report to show that the economy added about 200,000 jobs in November, a modest slowdown from October’s 261,000.
Charles L. Evans, president of the Federal Reserve Bank of Chicago, said he did not understand the urgency to raise rates in December, given the sluggish pace of inflation.