Low Inflation

Bernanke bids farewell with Fed taper, reduces bond buying to $75bn/month

Below are highlights from Federal Reserve Chairman Ben Bernanke's news conference following the Fed's policy announcement on Wednesday that the central bank would begin to trim its aggressive bond buying program.

Good question to ask if more stimulus is the answer: Raghuram Rajan to ECB

Calling the world economy "fragile, brittle and fragmented", IMF Managing Director Christine Lagarde told a conference of central bankers in Paris it was "perfectly legitimate and appropriate" for the ECB and the BoJ to take unconventional steps to combat low inflation and economic stagnation.