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IMF paper slams Reinhart-Rogoff

Christine Lagarde

A new report commissioned by the IMF has refuted claims made by economists Carmen Reinhart and Kenneth Rogoff that high government debt levels stifle economic growth.

Janet Yellen is NOT Ben Bernanke

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Sure, she signaled that she would continue the Bernanke policy but make no mistake - she's not going to be just like Ben, says Bob Brusca. Here's why.

BoE's Carney unveils 'next phase' of forward guidance

Mark Carney

Bank of England Governor Mark Carney has unveiled the "next phase" of forward guidance - which initially tied the bank rate to the country's unemployment rates - after a sharp fall in jobless numbers took the central bank by surprise.

Bad jobs reports won't change tapering: Yellen

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Federal Reserve Chair Janet Yellen defended the central bank's policy course, saying the central bank was trying to be as consistent as possible considering the difficulty of the task at hand.



American Eagle

US GDP growth disappoints

US economic growth missed expectations in the fourth quarter, reinforcing fears that the Federal Reserve was too hasty last month when it raised rates for the first time in almost a decade.