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Fed’s Bostic sees one US interest rate increase this year

Fed’s Bostic sees one US interest rate increase this year

The Federal Reserve may only need to raise interest rates once in 2019, Atlanta Fed President Raphael Bostic said on Monday. Though U.S. economic growth surprised to the upside in 2018 and prompted the Fed to raise rates four times, Bostic said his business contacts...
R.I.P. quantitative easing: Five questions for the ECB

R.I.P. quantitative easing: Five questions for the ECB

LONDON (Reuters) – Thursday could prove to be a historic moment for the European Central Bank, which is expected to formally bring its unprecedented 2.6 trillion euro ($2.95 trillion) stimulus scheme to an end. But with the economy weakening, trade tensions...