India's central bank cut key lending rates for the first time in three years on Tuesday in an aggressive effort to stimulate growth and boost investment at a time when the gloss is rapidly coming off Asia's third largest economy.
Brazil's central bank fired the next shot in what is shaping up to be an international currency war with a sharper-than-expected interest rate cut late Wednesday that pushed down the value of its currency, the real.
Brazil's central bank cut its benchmark interest rate more than expected on Wednesday night to 9.75% from 10.5% after a slew of disappointing economic data this week.
Stocks are soaring this year. Everywhere. And if you think the rally has been big in the U.S., just check out emerging markets.
The economy is improving, the Federal Reserve said Wednesday, but not enough to warrant higher interest rates for at least two-and-a-half more years. The central bank indicated that it expects to keep the federal funds rate near historic lows until late 2014 -- an extension from the Fed's original pledge to keep rates low through mid 2013.
U.S. stocks shaved early losses and ended higher Wednesday afternoon after the Federal Reserve said it plans to keep interest rates near historic lows through late 2014.
It's a new year. And that means a new, and probably less divided, Fed.
The Federal Reserve is about to give even more detailed forecasts about where it expects its key interest rate to be years from now.
The European Central Bank cut interest rates for the first time in two years Thursday, reversing a direction set earlier this year, as the new head of the monetary authority said Europe is heading into a mild recession.
People like to use the metaphor "pushing on a string" to describe something that's ineffective. After all, you can pull a string. But you can't really push one.
The European Central Bank raised its key interest rate Thursday, in a continuing effort to fight inflation.
Greek debt crisis? What Greek debt crisis?
This is the statement of the minutes of the Federal Open Market Committee meeting released June 22, 2011. For analysis of the Fed's interest rate policy and this statement, please click here.
The Federal Reserve, long under attack by those who fear its policies are sowing the seeds of future inflation, could soon spell out the price increases it is aiming for.
Treasury prices fell Wednesday as concerns about rising inflation and the outlook for interest rates in Europe and the United States took center stage.
For the fourth time in six months, China's central bank is hiking interest rates to combat rising inflation in the country.
China's central bank raised interest rates Tuesday morning. And the market responded with a collective yawn. At first, stocks barely budged. Ditto for bond yields, oil and the dollar.
China's central bank said Tuesday it will raise its key lending and deposit rates by a quarter percentage point -- a move aimed at quelling inflation in the world's most populous nation.
U.S. stocks ended Monday mixed as investors digested a surprise interest rate hike by the Bank of China and a blizzard put a damper on post-holiday retail sales.
Economists are evenly split on whether the Federal Reserve's current policies are helping the economy. But they're in agreement on one point -- the Fed won't be raising interest rates anytime soon.
This is the statement of the minutes of the Federal Open Market Committee meeting released Dec. 14, 2010. For analysis of the Fed's interest rate policy and this statement, please see: Fed: Recovery still not strong enough
China's economy, to quote the alter ego of New York Dolls frontman David Johansen, is hot hot hot.
The dollar slipped versus the yen and the pound but rose against the euro Wednesday after the Bank of Japan and the Federal Reserve each left interest rates unchanged near zero.
Stocks gained Wednesday, with the Nasdaq and S&P 500 building on 18-month highs hit in the previous session, as investors continued to welcomed the Federal Reserve's decision to hold interest rates steady.
Consumers scored a few unexpected victories in a set of Federal Reserve rules issued earlier this week.
After three months of rallying, the stock market seems to have hit the wall.
A bill that targets credit card rate hikes and fees is headed for a final showdown in the Senate as key lawmakers negotiate a possible compromise measure.
The Federal Reserve may have cut its key short-term interest rate to the lowest level on record, but that doesn't mean credit will be any easier to get.
The U.S. dollar fell sharply against major currencies Tuesday after the Federal Reserve announced its decision to cut interest rates.
It wasn't that long ago that the dollar was strengthening against the once-mighty euro, leading anyone that could still afford a plane ticket to Paris to celebrate that they could suddenly get more baguettes for their buck.
Oil prices tumbled Tuesday after the Federal Reserve lowered its key interest rate and said economic conditions remain weak, underscoring concerns about faltering demand for energy.
Forget about inflation. The opposite threat - deflation - is what has policymakers sweating now.
The Federal Reserve's latest move raises fewer cheers, more questions and new risks
The European Central Bank and the Bank of England both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies between the shoals of mounting inflation and slowing growth
Federal Reserve Chairman Ben Bernanke talked about the risks posed by both further economic weakness as well as inflation in testimony to Congress last month.
There are two things you may have heard about the Federal Reserve Board, both of which are wrong.
If you have a mortgage, carry credit cards and are considering a home equity loan to cope with soaring food and energy prices, you should be paying attention to what the Fed has to say.
When the Fed concludes a two-day meeting, it is expected that the central bank will express more concerns about inflation and in that way signal that rate increases could be on the way
The Federal Reserve cut interest rates by three-quarters of a percentage point Tuesday, but don't expect mortgage rates to go down too. In fact, home loans could be heading higher.
Don't expect the European Central Bank to cut interest rates any time soon, explains CNN's Todd Benjamin.
Dear FSB: How do the Fed rate cuts affect business loans, if at all? Say I take out a loan for several hundred thousand dollars to buy a small business. What criteria is used to set the interest rate on the loan?
Stocks jumped Wednesday as investors welcomed the Federal Reserve's stance that the economy can avoid a recession, despite slower growth, rising unemployment and more pricing pressures.
Treasury prices edged lower Wednesday afternoon after the Federal Reserve announced its decision to lower interest rates in response to growing fears of a U.S. recession.
Interest rates are headed lower. But how low can they go?
Stocks rallied Wednesday, with the Dow bouncing back from a more than 300-point loss earlier in the session as investors jumped back into a variety of sectors after the recent battering.
Stocks ended lower Tuesday, but off the worst levels of the session as worries about a global economic slowdown eased and investors continued to sort through the implications of the Fed's emergency interest-rate cut.
Paul Donovan of UBS joins CNN to discuss the anticipation surrounding a Federal interest rate cut.
Investors are anticipating that the Federal Reserve will cut interest rates for the third consecutive time at its next meeting on Tuesday, as Wall Street continues to grapple with concerns about the housing market and fears of a recession.
Six major banks lowered their prime rates by half of a percentage point Tuesday after the Federal Reserve cut its key interest rate.
Stocks slipped Monday afternoon, one day ahead of a key Federal Reserve policy meeting, as investors worried that the central bank won't cut interest rates by as much as has been hoped.
Stocks slipped Monday afternoon as investors worried that Federal Reserve policy makers won't cut a key short-term interest rate by as much as has been hoped when they meet to discuss policy on Tuesday.
Stocks slumped Monday morning as investors eyed a regulatory setback for Microsoft and worried that Federal Reserve policy makers may not cut interest rates Tuesday by as much as has been hoped.
HAS A BEAR MARKET ALREADY STARTED? It's sure beginning to look that way. After advancing for the first four months of the year, the S&P 500 has more than given back its gains. And the Nasdaq is dow...
The Federal Reserve raised a key interest rate again Wednesday - the 16th straight increase - but the central bank didn't give Wall Street what it had hoped for: a definitive answer about what to expect in the coming months.
NEW YORK (CNN/Money) - Alan Greenspan's tenure as chairman of the Federal Reserve is drawing to a close...and with that, the Fed's current cycle of raising interest rates may be nearing an end as well.
Treasuries pared earlier gains Tuesday after Fed officials warned about inflation, cementing expectations of further short-term interest rate hikes.
SALEM, Ore. (CNN/Money) - Homebuyers and homeowners can't count on the mortgage market ignoring the Fed forever.
How are individuals affected when the Federal Reserve raises interest rates?
The U.S. economy rode out $55 a barrel oil last fall. But some economists say that the latest spike in that key commodity poses a greater threat to the nation's economic growth.
Guessing where the economy is going is like predicting the weather—an iffy proposition at best. A case in point: the Federal Reserve, which since the middle of this year has been pushing up short-t...
The old adage "three steps and a stumble" still has fans on Wall Street, but some analysts think it's ready for the glue factory.
There's nothing like money in the bank. That's why many savvy investors look to lock in a certain amount of yield when they're designing a portfolio, no matter the market cycle.
This column originally ran on April 15, 2004, and has been updated.
Though the Federal Reserve decided to leave short-term interest rates alone on Tuesday, an increase is expected later this year.
This week's economic data showed that the continuing recovery is creating the kind of pressures that precede a rise in inflation. And Wednesday's report of a March uptick in the consumer price index confirmed the trend.
In the wake of another head-scratching Federal Reserve policy pronouncement, Wall Street was abuzz again Thursday with a long-running debate: Is the Fed dumb, or crazy like a fox?
If I had to make all of my investment decisions based on one single indicator, I'd pick the yield curve--the relationship among interest rates on debt of varying maturities. In particular, the diff...
In Greek mythology, Hydra was a many-headed monster, devilishly difficult to kill. Cut off one head, and two grew in its place. Lately the U.S. economy has seemed a bit like Hydra. Consumers are on...
Whatever happens next, the Great Asian Slump is already one for the record books. Never in the course of economic events--not even in the early years of the Depression--has so large a part of the w...
The long-term outlook for the U.S. economy is little short of brilliant: Inflation is low, workers' productivity is soaring, and U.S. companies are more competitive than they have been since the 19...
THIS MONTH: --Avoid money funds that slash your yield with greedy fees. --Grab the new higher returns on savings bonds.
William McChesney Martin, Federal Reserve Board chairman from 1951 to 1970, aptly described his job as being "the chaperone who takes away the punch bowl when the party gets going good." In other w...
AT THE BOTTOM OF THIS page is a modest little graph that could make you a smarter investor. It is known as the yield curve and, despite the name, it has nothing to do with merging traffic or bends ...
THE REVERBERATING boom in the bond market was one of the big investment surprises of 1995. Often considered mere defensive afterthoughts by investors, bonds produced returns almost as fat as those ...
It's not the kind of event that makes the evening news. But a powerful, sustained drop in long-term U.S. interest rates is now under way, promising good things ahead for investors and for the econo...
Remember the good old days when the Bank of Mom & Dad was your best source for quick cash? Well, smart borrowers know that home is still where the money is. "Competition among home-equity lenders h...
Thanks, Alan, we needed that. Not every American may think so, but most economists do, even after the Federal Reserve's mid-August action sent short- term interest rates to their highest levels sin...
A cloud has formed over the economic outlook at midyear. Far out of the view of ordinary consumers and businesses, traders in turbulent multitrillion- dollar global financial markets are pushing U....
Funny thing about interest rates: Whichever way they move, somebody's unhappy. Since 1990, when they began flying steadily south, the losers have been conservative investors with a need for income....
The stock and bond markets suddenly look like scary places to put money you can't afford to lose. Does this replay sound familiar? After dithering while bank CD rates shrank to next to nothing, you...
It's only a matter of time. Federal Reserve chairman Alan Greenspan's loudly proclaimed decision in early February to raise short-term interest rates signals the beginning of the end for the record...
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The U.S. government spews out economic data faster than Roseanne Barr tosses off barbed one-liners. Although the statistics are sometimes confusing or can seem irrelevant to everyday life, ignoring...
You'd surely pay attention if someone offered you a subscription to an | advisory service that could dramatically boost your investment earnings, lower your borrowing costs and even warn you in adv...
Investors and savers seeking safe, high yields have a rare chance to cash in on extraordinary interest rates. Every four years or so, when the economy begins to overheat, the Federal Reserve pushes...
The bond market is up to its new tricks again, bucking like a young bull. Long-term interest rates have fallen nearly two percentage points since October, rewarding holders of bonds and bond funds ...