The Fed wants to increase rates to hold off inflation as jobs and wages pick up, but the ECB is going in the opposite direction, which could complicate things.
After dragging its feet for the past five years, the European Central Bank has finally placed its ultimate policy bet with a government bond-buying programme designed to pump �1 trillion (HK$8.7 trillion) of new money into the deflated euro-zone economy.
The National Association of Realtors reported on Jan. 23 that existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month.
Mark Carney gave sturdy backing to the European Central Bank's radical stimulus but warned it could disrupt the monetary markets.
Bill Gates listens to his wife Melinda Gates during an interview in New York, Wednesday, Jan. 21, 2015. As the world decides on the most crucial goals for the next 15 years in defeating poverty, disease and hunger, the $42 billion Gates Foundation ...