The Bank of England has launched a "thorough" and "independent" investigation into what caused a 10-hour crash of the U.K.'s interbank payment system Monday which halted high value payments such as house purchases.» Read More
Antonio Garcia Pascual, chief euro zone economist at Barclays, highlights how fragile the European recovery is and how the deleveraging process is still "very complicated".
It looks like it's steady as she goes when the U.K. central bank's monetary policy committees meets this Thursday, said analysts.
Jim Cramer has strongly endorsed President Obama's choice of Janet Yellen to be the next Federal Reserve chairman.
CNBC's Steve Liesman looks at the differences between Janet Yellen and Ben Bernanke. Many see Yellen as dovish, but former fed governor Larry Meyer said Yellen will surprise.
Chief Global Strategist Dan Greenhaus said Janet Yellen will build continuity in the Fed and warned of getting through the debt ceiling crises without default.
Sen. Bob Corker, Senate Banking Committee member (R-TN) says he's getting to be a little bit more optimistic there will be a deal between Congress and the White House.
Fears that struggling euro zone country Slovenia are closer to asking for an international bailout re-emerged this week with lawmakers warning that the country might soon not be able to fund itself.
Sen. Bob Corker wants to make sure that Fed Vice Chairwoman Janet Yellen doesn't enable bad policy should she get the central bank top job.
Sen. Bob Corker, Senate Banking Committee member (R-TN) says he's going to look at Yellen's record and that he wants to understand how she plans to get out of quantitative easing. I want to make sure she doesn't view herself as an enabler, he says.
Janet Yellen—the Federal Reserve's No. 2—should be easily confirmed as the new chair, two former Fed economists told CNBC on Wednesday.
Kevin Hassett, American Enterprise Institute, says the good news is there's a book on Janet Yellen because she's been among the more prolific Fed speakers over the last few years.
CNBC's Steve Liesman reports the President is slated to nominate Janet Yellen to head the Federal Reserve today. CNBC's Steve Liesman offers background prior to the nomination.
Rob Carnell, chief international economist at ING, points out that Yellen¿s experience leading the Fed's communication strategy bodes well for investors who are keen on clear messages from the central bank.
Karen Ward, senior global economist at HSBC, talks about India and how it needs to implement structural reforms in order to make its assets attractive to foreign investors.
Riccardo Barbieri, chief European economist at Mizuho International, comments on Obama's nomination of Janet Yellen to replace Ben Bernanke as Fed chairman.
Gabriel Stein, chief economic adviser at OMFIF, discusses his view about what U.S. monetary policy will be like under Janet Yellen.
Jörg Asmussen, executive board member at the ECB, says that a resolution regime with a joint legal framework is needed for a complete banking union.
Jörg Asmussen, executive board member at the ECB, says that there will be a gradual recovery in the euro zone over the next year.
Jörg Asmussen, executive board member at the ECB, says that any decision the U.S. Federal Reserve makes will have spill over effects to other economies in the developed world and emerging markets.
Nick Verdi, Director, FX Strategy Asia Pacific ex-Japan at Barclays says that RBI Governor Raghuram Rajan's first policy meeting marked a new approach for the Indian rupee.
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