The repo operation, the Fed's first since the Great Recession, came after the benchmark federal funds rate rose to the top of its target range.
Good news: U.S. banks' funding costs are falling. Bad news: the European Central Bank prepares to make new asset purchases.
When politicians start chiming in on monetary policy, they actually can torpedo sensible policy: opinion.
Under current U.S. fiscal policy, federal budget deficits are doomed to continue racing upward with no end in sight, investment consultant says.
Mario Draghi announces stronger than expected measures to awaken the eurozone from its economic slumber.
Markit's purchasing managers index for February increases the odds that the European Central Bank will impose more stimulus measures in March.
The bank could step up its $1 trillion bond buying program with inflation still stubbornly below its 2% target.
The latest on China's economy.
The St. Louis Fed's vice president says zero interest rates, forward guidance and QE have done little to stimulate the economy.
The People's Bank of China said existing policy tools would allow it to "maintain an appropriate level in liquidity."
The ECB's bond buying program starts on March 9, but ECB economists have already raised growth forecasts for the euro zone.
Low or negative inflation is spreading around the world. That is more of a worry than it sounds.
