financial stability

(Dec 20): Most modern central banks regard macroeconomic stability — meaning price stability or, in some cases, price stability alongside full employment — as their main goal. But the Bank of Japan and the European Central Bank seem to be running out

WASHINGTON (June 13): The Federal Reserve will increase interest rates twice more in 2017 and begin shrinking its balance sheet before year’s end despite a clear downturn in the outlook for inflation, according to 43 economists surveyed by Bloomberg.