Earlier this month, Fed Chair Janet Yellen told Congress that the economy is improving but hasn't bounced back all the way.
Pablo Martinez Monsivais/AP
July 30, 2014 The Fed announced modest cuts in its bond-buying program and noted that inflation is becoming an issue. But with room to grow in the labor market, the bank is not ready to raise interest rates.
Mario Draghi, president of the European Central Bank. Some say he's super.
Daniel Reinhardt /DPA/LANDOV
November 7, 2013 The European Central Bank is defying expectations by moving more aggressively than expected to boost its member nations' economies and head off potentially dangerous deflation. "Super Mario" Draghi, the ECB's president, is getting much of the credit.
Federal Reserve Chairman Ben Bernanke during a news conference in June. Financial markets reacted to comments he made then by selling off bonds and stocks.
Alex Wong/Getty Images
July 10, 2013 The minutes of the Federal Reserve's June meeting will be released a 2 p.m. That's the meeting chairman Bernanke said the Fed could begin to think about reducing the amount of money it pumps into the economy.
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Monument to headier times: The euro logo outside the European Central Bank in Frankfurt. The International Monetary Fund has warned of possible deflation in parts of Europe.
Frank Rumpenhorst/AFP/Getty Images
July 19, 2012 Government debt auctions have been turned on their head in a few places recently, with investors promising to pay interest rather than receiving it. We examine what it might mean.
June 24, 2010 The good news is that mortgage rates are at historic lows. The bad news is that millions of people can't benefit.
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