Central banks in Japan and South Korea kept their interest rates steady Tuesday and maintained cautious outlooks on their export-dependent economies — although both pointed to gradual signs of recovery.
Economist wants aggressive Fed action on rates
When the time comes for the Fed and other central banks to ward off inflation by boosting interest rates from the current low levels, they shouldn't hesitate, an economist warns.
European Bank Resists Rush to Print Money
With other central banks acting to create money out of thin air because they cannot prime the lending pumps by lowering interest rates further, the European bank remains wary of inflation.
Video: U.S. Payrolls Jump; Jobless Rate Drops
Employment climbed more than forecast in January and the U.S. jobless rate unexpectedly fell to the lowest in three years, casting doubt on whether the Federal Reserve can wait until 2014...
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