Federal Reserve

Eurozone central banker suggests rates could stay low longer

European Central Bank head Mario Draghi warns that slowing world trade is proving to be a drag on the eurozone economy but says the current expansion remains "resilient" as consumers at home remain willing to spend and unemployment falls thanks to pro-business reforms.

Fed announces wide-ranging review of its practices

The Federal Reserve says it will conduct a wide-ranging review next year of the strategies and tools it uses to achieve its congressionally mandated goals of maximum employment and price stability.