Bank of England to reform economic forecasting The Bank of England said today it would implement a "substantial upgrade programme" to improve its economic forecasting, after a probe found it had "deteriorated significantly" in recent years. Business • 12 Apr 24
Bank of England to reform economic forecasting The Bank of England said today it would implement a "substantial upgrade programme" to improve its economic forecasting, after a probe found it had "deteriorated significantly" in recent years. Business • 12 Apr 24
Bernanke, Diamond, Dybvig win Nobel prize for economics A trio of US economists including Former Federal Reserve chief Ben Bernanke won this year's Nobel Economics Prize for research on how propping up failing banks can stave off an even deeper economic crisis. Business • 10 Oct 22
Bernanke, Diamond, Dybvig win Nobel prize for economics A trio of US economists including Former Federal Reserve chief Ben Bernanke won this year's Nobel Economics Prize for research on how propping up failing banks can stave off an even deeper economic crisis. Business • 10 Oct 22
World economic crash 'exciting' - King The Bank of England's response to the global financial crisis was "exciting" to work on and prevented another Great Depression, its former governor, Mervyn King, has said. Business • 29 Dec 14
World economic crash 'exciting' - King The Bank of England's response to the global financial crisis was "exciting" to work on and prevented another Great Depression, its former governor, Mervyn King, has said. Business • 29 Dec 14
Yellen takes over Fed as Bernanke departs Respected economist Janet Yellen has been sworn in as the first woman chair of the US Federal Reserve. Business • 03 Feb 14
Yellen takes over Fed as Bernanke departs Respected economist Janet Yellen has been sworn in as the first woman chair of the US Federal Reserve. Business • 03 Feb 14
Fed announces $10bn reduction in bond buying The US Federal Reserve has announced a further $10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down the extraordinary stimulus despite recent turmoil in emerging markets. Business • 29 Jan 14
Fed announces $10bn reduction in bond buying The US Federal Reserve has announced a further $10 billion reduction in its monthly bond purchases as it stuck to a plan to wind down the extraordinary stimulus despite recent turmoil in emerging markets. Business • 29 Jan 14
Yellen punches through 'glass ceiling' at Fed Janet Yellen made history last night as the US Senate confirmed her to be the first woman to lead the Federal Reserve in its 100-year history. Business • 07 Jan 14
Yellen punches through 'glass ceiling' at Fed Janet Yellen made history last night as the US Senate confirmed her to be the first woman to lead the Federal Reserve in its 100-year history. Business • 07 Jan 14
US Fed to reduce bond-buying by $10 billion The US Federal Reserve has announced plans to trim its aggressive bond-buying programme. Business • 19 Dec 13
US Fed to reduce bond-buying by $10 billion The US Federal Reserve has announced plans to trim its aggressive bond-buying programme. Business • 19 Dec 13
Fed committed to easy policy for as long as needed US Federal Reserve Chairman Ben Bernanke has said that the Fed will maintain ultra-easy US monetary policy for as long as needed. Business • 20 Nov 13
Fed committed to easy policy for as long as needed US Federal Reserve Chairman Ben Bernanke has said that the Fed will maintain ultra-easy US monetary policy for as long as needed. Business • 20 Nov 13
Obama nominates Janet Yellen for top Fed job US President Barack Obama has nominated Janet Yellen to be the next chair of the Federal Reserve Board. Business • 10 Oct 13
Obama nominates Janet Yellen for top Fed job US President Barack Obama has nominated Janet Yellen to be the next chair of the Federal Reserve Board. Business • 10 Oct 13
Summers withdraws from Fed race Former US Treasury Secretary Lawrence Summers withdrew yesterday from consideration to succeed US Federal Reserve Chairman Ben Bernanke. Business • 16 Sep 13
Summers withdraws from Fed race Former US Treasury Secretary Lawrence Summers withdrew yesterday from consideration to succeed US Federal Reserve Chairman Ben Bernanke. Business • 16 Sep 13
US Fed's wind-down of QE set to begin next week The beginning of the end of the US Federal Reserve's determined support for the country’s economy is expected to come next week when officials gather for one of the most anticipated meetings since the Great Recession. Business • 11 Sep 13
US Fed's wind-down of QE set to begin next week The beginning of the end of the US Federal Reserve's determined support for the country’s economy is expected to come next week when officials gather for one of the most anticipated meetings since the Great Recession. Business • 11 Sep 13
Bernanke not at this year's Jackson Hole summit Central bankers from around the globe gather later this weekend in Jackson Hole in Wyoming. Business • 23 Aug 13
Bernanke not at this year's Jackson Hole summit Central bankers from around the globe gather later this weekend in Jackson Hole in Wyoming. Business • 23 Aug 13
Fed minutes offer few clues to tapering timetable Only a few Federal Reserve policymakers thought it would soon be time to "slow somewhat" the pace of the central bank's bond-buying at a meeting last month, while others emphasized patience in deciding when to start to wind down the stimulus program. Business • 22 Aug 13
Fed minutes offer few clues to tapering timetable Only a few Federal Reserve policymakers thought it would soon be time to "slow somewhat" the pace of the central bank's bond-buying at a meeting last month, while others emphasized patience in deciding when to start to wind down the stimulus program. Business • 22 Aug 13
US Fed wants more job growth before QE ends Many members of the US Federal Reserve felt that the improvement in the country’s job market would have to be sustained before the central bank would reduce its bond purchases, minutes of its June meeting show. Business • 10 Jul 13
US Fed wants more job growth before QE ends Many members of the US Federal Reserve felt that the improvement in the country’s job market would have to be sustained before the central bank would reduce its bond purchases, minutes of its June meeting show. Business • 10 Jul 13
Obama has short list of potential Fed chairmen The White House has assembled a short list of candidates to succeed Federal Reserve Chairman Ben Bernanke, a source said yesterday. Business • 28 Jun 13
Obama has short list of potential Fed chairmen The White House has assembled a short list of candidates to succeed Federal Reserve Chairman Ben Bernanke, a source said yesterday. Business • 28 Jun 13
US Fed set to slow its bond-buying programme US Federal Reserve Chairman Ben Bernanke ended weeks of speculation yesterday evening by saying the bank would likely slow its bond-buying programme this year and end it next year because the country’s economy is strengthening. Business • 20 Jun 13
US Fed set to slow its bond-buying programme US Federal Reserve Chairman Ben Bernanke ended weeks of speculation yesterday evening by saying the bank would likely slow its bond-buying programme this year and end it next year because the country’s economy is strengthening. Business • 20 Jun 13
Obama hints at Bernanke exit from Federal Reserve US President Barack Obama has hinted in an interview that he may be looking for a new chief of the US Federal Reserve, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned. Business • 18 Jun 13
Obama hints at Bernanke exit from Federal Reserve US President Barack Obama has hinted in an interview that he may be looking for a new chief of the US Federal Reserve, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned. Business • 18 Jun 13
Bernanke says Fed to maintain stimulus efforts The US Federal Reserve Chairman has told Congress that the US job market remains weak and that it is too soon for the Fed to end its extraordinary stimulus programmes. Business • 22 May 13
Bernanke says Fed to maintain stimulus efforts The US Federal Reserve Chairman has told Congress that the US job market remains weak and that it is too soon for the Fed to end its extraordinary stimulus programmes. Business • 22 May 13
US Fed maintains economic stimulus efforts The US Federal Reserve has pressed forward with its aggressive efforts to stimulate the US economy through large-scale bond purchases, saying unemployment remains too high and citing "restrictive" fiscal policy. Business • 20 Mar 13
US Fed maintains economic stimulus efforts The US Federal Reserve has pressed forward with its aggressive efforts to stimulate the US economy through large-scale bond purchases, saying unemployment remains too high and citing "restrictive" fiscal policy. Business • 20 Mar 13
Bernanke says Fed stimulus benefits 'clear' US Federal Reserve Chairman Ben Bernanke has strongly defended the Fed's bond-buying stimulus before Congress today. Business • 26 Feb 13
Bernanke says Fed stimulus benefits 'clear' US Federal Reserve Chairman Ben Bernanke has strongly defended the Fed's bond-buying stimulus before Congress today. Business • 26 Feb 13
Warning on US rating as debt ceiling looms The US could lose its top credit rating for the second time if there is a delay in raising the country's debt ceiling, Fitch Ratings warned today. Business • 15 Jan 13
Warning on US rating as debt ceiling looms The US could lose its top credit rating for the second time if there is a delay in raising the country's debt ceiling, Fitch Ratings warned today. Business • 15 Jan 13
Bernanke stops short of any specific Fed move Chairman Ben Bernanke says high US unemployment is a "grave concern" and that the Federal Reserve will provide more help if the economy doesn't improve. Business • 31 Aug 12
Bernanke stops short of any specific Fed move Chairman Ben Bernanke says high US unemployment is a "grave concern" and that the Federal Reserve will provide more help if the economy doesn't improve. Business • 31 Aug 12
Gradual growth continuing in US - Federal Reserve The US economy continued to grow in July and early August according to the country’s Federal Reserve, however it also cautioned that manufacturing activity was softening in many areas of the country. Business • 30 Aug 12
Gradual growth continuing in US - Federal Reserve The US economy continued to grow in July and early August according to the country’s Federal Reserve, however it also cautioned that manufacturing activity was softening in many areas of the country. Business • 30 Aug 12
Despite US recovery, many struggling - Bernanke US Federal Reserve Chairman Ben Bernanke said that although broad measurements of the economy point to recovery, many people and businesses are facing tough times. Business • 06 Aug 12
Despite US recovery, many struggling - Bernanke US Federal Reserve Chairman Ben Bernanke said that although broad measurements of the economy point to recovery, many people and businesses are facing tough times. Business • 06 Aug 12
Fed announces more US economic stimulus The Federal Reserve unleashed a fresh wave of economic stimulus last night as it predicted that US growth would be even worse this year than thought. Business • 21 Jun 12
Fed announces more US economic stimulus The Federal Reserve unleashed a fresh wave of economic stimulus last night as it predicted that US growth would be even worse this year than thought. Business • 21 Jun 12