U.S. growth over the second half of the year came in at a 3.7 percent pace, up sharply from 1.8 percent in the first six months of the year.
The Fed is continuing its stimulus withdrawal, despite a large drop in emerging market currencies, and inadequate U.S. job growth.
John Curran, Senior Vice President at USForex, discussed how the dollar will be impacted by the Federal Reserve tapering its QE program in 2014.
At this stage, there's no good reason (not even the recent emerging market wobbles) for the Fed to deviate from its stimulus reduction plan.
Gov. Haruhiko Kuroda’s board held steady to its decision to broaden the monetary base by an annual 60 trillion to 70 trillion yen.
But the 7.7% growth in GDP for 2013 was the lowest level seen since 1999, according to Xinhau.
The Yellen-Fischer duo arrives at a crucial time. Their task now is to manage the QE exit while avoiding major hiccups.
In it's latest report, The World Bank has a bullish forecast for global economic growth, but developing country concerns remain.
The central bank's quantitative easing reduction philosophy in December can hardly be characterized as glide-path.
The BoJ said that Japan's and the world's economies are recovering moderately, but a lackluster recovery is seen in the latter.
All of a sudden, there are several positive themes for the U.S. economy heading into the new year.
Although the Fed said it plans to gradually reduce stimulus over the next year, when is it likely to occur? Analysts offered their view.
Chairman Bernanke defended his eight-year track record at the Fed in his last press conference.
The move was a bit of a surprise, but the U.S. stock market reacted favorably.
It's Chair Bernanke's last Fed meeting, but stimulus is likely to remain untouched, due to the U.S.'s job shortage.
On the heels of Friday's stronger-than-expected November jobs report, is the Fed focusing on economic data or U.S. market data?