America can’t prosper with low rates, weak dollar

Five years after the beginning of the economic recovery, after rock-bottom interest rates and trillions of dollars of quantitative easing by the Federal Reserve, the economy is growing about 2%.

Federal Reserve cuts additional $10bn from economic stimulus programme

The US Federal Reserve instituted a further cut to its massive economic stimulus programme on Wednesday, in a move that rattled stock markets already worried by recent poor jobs figures.

US jobless rate falls to 5-year low in November

The US unemployment rate fell to a five-year low of 7% in November, according to the US Labor Department.

Fed need not rush to taper while inflation is low: Bullard

(Reuters) - Low readings on inflation allow the U.S. Federal Reserve to be patient in deciding when to scale back its pace of asset purchases, a senior Fed official said on Friday, cautioning that he would not back action until price pressures picked up.

Fed's dovish turn leaves Wall Street economists mulling taper timing: poll

(Reuters) - The Federal Reserve's surprise move on Wednesday to postpone the start of the wind down of its monetary stimulus of the U.S. economy has left Wall Street economists puzzled about the central bank's next move.

Is Federal Reserve ready to begin the great taper? Markets say yes

Is the Federal Reserve ready to put the Great Recession behind it? Is the US economy prepared for it?

US Federal Reserve wants yet another tool in its swelled policy kit

NEW YORK/WASHINGTON: The Federal Reserve is developing yet another tool to help it keep borrowing costs on target when the era of zero-interest rates eventually ends, suggesting policymakers may doubt their existing ways and means can handle the task on their own.

Pace of US manufacturing hit 2-year peak in August

WASHINGTON: US factories expanded last month at the fastest pace since June 2011 on a jump in orders. The report signals that manufacturing output could strengthen in coming months.

Fed policy under fire at Jackson Hole conference

(Reuters) - What a difference a year makes. Federal Reserve Chairman Ben Bernanke used the 2012 meeting in Jackson Hole as a platform to make his case for a third round of bond buys.

Fed policymakers expected to stay the course

WASHINGTON: The Federal Reserve holds a monetary policy meeting this week amid intense speculation about the timing of a wind-down of massive stimulus, although few expect a change in direction.

G20 faces more market volatility: Russia

MOSCOW: The Group of 20 should brace for more market volatility even as an improving US economy allows the Federal Reserve to scale back its monetary stimulus, Russia's summit coordinator Ksenia Yudayeva said on Wednesday.

G20 needs clear, predictable policies - Russia

MOSCOW (Reuters) - The Group of 20 backs clear monetary policies, Russia said on Thursday, reflecting the concerns of developing economies that a withdrawal of U.S. monetary stimulus could cause market turmoil and capital flight.

Jobless claims rise, but labor recovery grinds on

(Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, although the level still pointed to further healing in the labor market.

Closer to China by degrees

Recent news from China and America has caused some panic around the world and should reinforce the view that the Australian economy of the early 2000s will not come back, regardless of who is in power after 14 September.

Fed maintains pace of asset purchase

The US Federal Reserve has maintained the rate of its asset purchase programme at $85bn (£54bn) a month, aimed at boosting the economy.

Warren Buffett sees 'brutal' damage for savers from central bank money printing

Veteran investor Warren Buffett has warned that savers and bondholders are suffering a "brutal" erosion of their money as the US Federal Reserve and other central banks force yields to historic lows.

Fed minutes reveal disagreement over Ben Bernanke stimulus programme

Federal Reserve officials are increasingly split over chairman Ben Bernanke's $85bn-a-month stimulus programme, according to the minutes of their latest meeting.

Obama digs in heels, refuses to negotiate debt ceiling

WASHINGTON (Reuters) - President Barack Obama on Monday rejected any negotiations with Republicans over raising the U.S. borrowing limit, accusing his opponents of trying to extract a ransom for not ruining the economy in the latest fiscal fight.

Bernanke: 'Stakes are high' on fiscal cliff

NEW YORK (CNNMoney) -- Federal Reserve Chairman Ben Bernanke on Tuesday urged lawmakers to avoid the fiscal cliff by acting as soon as possible.

If US goes over fiscal cliff, dollar could fly

NEW YORK: In times of trouble, investors tend to flee to the comfort of the U.S. dollar -- even when the trouble is emanating from the United States.