Bank of Japan lifts economic forecasts

The Bank of Japan (BoJ) has raised its forecast for both economic growth and inflation this year in its twice yearly report.

Greek bailout deal is a classic fudge – but should work for now

There was something for everyone in the latest Greek debt deal. Athens gets enough money to stop the country going bust, Angela Merkel has done enough to keep Greece in the euro until after next year's German elections.

Barack Obama urges immediate tax cut extension for middle class

Congress Saturday to immediately extend a tax cut for middle-class Americans, arguing the move will give 98 per cent of families and 97 per cent of small businesses the certainty that will lead to faster economic growth.

Finance leaders to address global economic threats

WASHINGTON (AP) — When global finance ministers meet this week in Tokyo, they'll confront a triple challenge: Economic troubles in three major regions are threatening the world's economy.

Fed's Fisher says U.S. "drowning in unemployment"

RICHARDSON, Texas (Reuters) - The United States is "drowning in unemployment," its economy is running at stall speed and inflation is "not a problem," but easier monetary policy is not the answer, one of the Federal Reserve's most hawkish policymakers said on Friday.