NEW YORK (AP) — For all the worries about how the Federal Reserve’s cutback in bond purchases would hurt the market, the biggest pain is being felt far away. It’s in Indonesia, India and other developing economies.
NEW YORK (AP) — Bond funds have made money so far this year as many stock markets around the world have faltered.
WASHINGTON (AP) — Just as Ben Bernanke prepares to turn the chairmanship of the Federal Reserve over to Janet Yellen, global markets are on edge over the prospect that she’ll extend a policy he began: a steady pullback in the Fed’s extraordinary economic stimulus.
WASHINGTON (AP) — In his final performance, Ben Bernanke rewrote the script.