The US Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least an

If Mario Draghi manages on Thursday to satisfy financial markets while forging a political consensus on how to lower southern Europe's sky-high bond yields, the European Central Bank chief should be o

When Federal Reserve policymakers meet next month to decide whether to take action to boost the economy, it will be a 'close call,' a top Fed official said on Thursday on the eve of a speech by chairm

Uncertainty over central bank action to fight slower global growth sent world shares and industrial commodity prices lower on Thursday, while nervousness ahead of a meeting of central bankers in the U

The Federal Reserve has room to deliver additional monetary stimulus to boost the U.S. economy, Fed chairman Ben Bernanke told a Congressional oversight panel in a letter.

"There is scope for further

The Federal Reserve stopped short of offering new monetary stimulus on Wednesday even as it signaled further bond buying could be in store to help a U.S. economic recovery that it said had lost moment

Central bankers and regulators will hold talks in September on whether the troubled global Libor interest rate can be reformed or whether it is so damaged that the benchmark of borrowing costs should be scrapped.

Federal Reserve chairman Ben Bernanke on Tuesday offered a gloomy view of the economy's prospects, but provided few concrete clues on whether the U.S. central bank was moving closer to a fresh round o

The U.S. Federal Reserve is open to buying more Treasury bonds to stimulate the economy, but the recovery might need to weaken for a consensus to build, minutes from the central bank's June meeting re

The U.S. Federal Reserve on Wednesday delivered another round of monetary stimulus and said it was ready to do even more to help an increasingly fragile U.S. economic recovery.

The central bank expan