The Federal Reserve says the US economy's doing well - possibly even well enough to raise interest rates in December. Markets and economic policymakers have been on edge for months waiting for a definitive statement from the Fed.
The US central bank's first female chief is planning to step down from it's governing board. Janet Yellen said in a letter to President Trump that she was "gratified" to leave with the US on firmer financial footing.
US President Trump is turning the announcement of a new Federal Reserve head into a reality TV experience like his show The Apprentice. But is it just a distraction from other problems? Jens Korte reports from New York.
The US president has nominated Jerome Powell as the new chair of the central bank. While Trump wants low rates to boost growth and the stock markets, he knows that what Wall Street values most is safe hands.
Britain's central bank has done what it avoided doing for the past 10 years. It's hiked interest rates to curb inflation caused by a steep drop in the pound's value. But the marginal rise is of a rather symbolic nature.
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