Economics / Markets

The Federal Reserve has announced interest rates will remain at their historic lows until late 2014, which could pave the way for a further bout of quantitative easing.

The Bank of England's Monetary Policy Committee (MPC) once again voted unanimously to maintain interest rates at 0.5% and keep the quantitative easing (QE) programme at £275bn in January, despite fears inflation may fall below target levels.

UK GDP for the fourth quarter of 2011 dropped by 0.2%, a worse than expected figure that will heighten fears of a double-dip recession.

The International Monetary Fund (IMF) has slashed its growth forecasts for a number of major European economies for 2012 due to ongoing concerns about the region's recovery.

Bank of England governor Mervyn King last night backed calls for limits on boardroom pay, in a speech in which he also said the UK's economic recovery would be "arduous" and hinted at a further round of quantitative easing.

Billionaire investor Warren Buffett has pledged to give a chunk of his income to help pay down the US' national debt, if politicians do the same.

The Financial Services Authority (FSA) is to review its restrictions on the marketing of unregulated collective investment schemes (UCIS) to retail investors as a result of proposed European rules.

UK markets were firmer today, reaching new highs for 2012 as investors went to risk-on mode, despite the threat of a stand-off between Greece and its bondholders.

Asia fund managers have warned China’s economy faces a series of challenges despite its meteoric rise to global superpower status.

It's our round-up of the stories your clients may have read in the weekend's national newspapers...