Bank of England

  • Electronic boards display the days loss to the Dow Jones Industrial Average (DJI) above the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 24, 2016.  REUTERS/Lucas Jackson  - RTX2I2UF
    June 24, 2016  

    Thursday’s successful Brexit vote holds great consequences for economies worldwide, with some analysts warning that departure from the EU could plunge Britain back into a recession that might in turn spread to other countries. For more on the financial implications of Brexit, Hari Sreenivasan talks to David Wessel of the Brookings Institution and Diane Swonk of DS Economics. Continue reading

  • November 17, 2010    

    The [Fed’s announcement]( of another round of so-called “quantitative easing” (QE2) is much in the news. Basically, it’s an announced commitment to create $600 billion dollars or more of new “Federal reserves” – i.e., U.S. dollars – and [pump them … Continue reading

  • December 4, 2008   BY  

    More central banks across the world cut interest rates Thursday, hoping to quash a global economic slump that is spreading faster than policymakers had anticipated. Continue reading