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A divided Fed wrestles with when to slow bond buys

The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.Full story

Bernanke says more progress needed before stimulus pullback

WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday. Full story

ECB can expand its tools to fight crisis: board member

WASHINGTON (Reuters) - The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone. Full story

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Articles

Median CEO pay rises to $9.7 million in 2012

Global, local issues for Iran in upcoming election

Home sales close in on three-and-a-half year high

Economic recovery in NH steady but slow progress

Irish seek to hold the line in tax battle

Weak yen a help for Japan, but headache elsewhere

OTP seeks growth abroad, sees consolidation at home

IMF calls on Britain to do more for growth

Bernanke's prepared testimony to Joint Economic Committee

Bank of Japan vows market steps to curb bond turbulence

Video

  Measuring Global Growth and Trade

Kurt Kuehn, UPS CFO; and Robert Shanks, Ford Motor Company executive vice president & CFO, provide their perspective on the outlook on business and the economy.

  Putting the Brakes on Spending

New data about consumers and gas prices show high gas prices hurt the economy more than low gas prices helped it, reports CNBC's Sharon Epperson.

  Fed's Stimulus: More Harmful Than Helpful?

Greg Ip, The Economist, and Larry McDonald, Newedge Group, debate whether the Fed's actions are doing more harm than good for the economy.

  US April PPI Down 0.7% Since Feb. 2010

Does the latest economic news signal weakness in the American economy? Joe Lavorgna, Deutsche Bank and Jim Pethokoukis, American Enterprise Institute.

  What Happens When Fed 'Tapers' Down

Discussing whether the economy will grind to a halt if Fed stimulus is withdrawn, with Harry Dent, "Survive and Prosper" Newsletter editor, and CNBC's Ron Insana.

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