Yellen indicates Fed rate hike by year-end

The end of 2015 could finally see a rate hike from the US Federal Reserve, almost nine years after it signalled a regime of low rates in order to help global growth. The Feds chair Janet Yellen on Thursday 24 September, said she was confident of a US recovery amid a sluggish global economy and reiterated plans to withdraw the central banks extraordinary stimulus by year-end as long as inflation was stable and employment levels remained strong. Sep 25, 2015
ecb-agrees-extra-emergency-funding-for-greek-banks

ECB agrees extra emergency funding for Greek banks

The European Central Bank (ECB) raised its emergency funding for Greek banks slightly on 16 July, in a step to help banks partially reopen after euro zone governments agreed in principle to grant Athens a new three-year loan. Jul 16, 2015
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