Fed Leaves Interest Rate Unchanged With Shift in Leadership Expected

By ANA SWANSON and BEN CASSELMAN November 1, 2017 WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged on Wednesday and signaled another rate increase remains on track for mid-December. But hanging over the meeting was...

Trump’s Fed Finalists Offer a Clear Choice: Status Quo or Significant Change

The candidates on President Trump’s short list for Federal Reserve chairman have very different views about the best way to manage the economy.

European Central Bank Faces Hurdle in Cutting Stimulus: A Weak Dollar

By JACK EWING September 7, 2017 FRANKFURT — The European Central Bank had been expected to announce a major policy shift on Thursday. The dollar has had other plans. Since early 2015, the European Central Bank has been flooding the 19-nation eurozone...

Markets Unfazed as Federal Reserve Nears Plan to Shed Bonds

By BINYAMIN APPELBAUM June 12, 2017 WASHINGTON — The Federal Reserve, which holds more bonds than any other investor, is planning how to shed some of them starting this year. And no one is too worried about it. The Fed is expected to announce in the...

European Central Bank Meeting Focuses on ‘Forward Guidance’

By JACK EWING June 8, 2017 FRANKFURT — Forward guidance might sound like something to mount on the dashboard of a car. But in the world of monetary policy it is a crucial concept, one that will be the focus of the European Central Bank’s meeting...