Economics

The US Federal Reserve has maintained the gradual tapering of its QE programme after a meeting which suggests some members are pushing harder for a more hawkish monetary policy.

Argentina has defaulted on its debt for the second time in 13 years after failing to reach an agreement with a group of bondholders.

Bond fund investors should beware a crowded market where there is a growing risk of being caught out by a sharp sell-off in fixed income, analysts at RBS have warned.

UK profit warnings have hit a three-year high after more than 100 warnings were issued in the first half of 2014, according to a new report.

The UK economy expanded by 0.8% in the second quarter,above its pre-crisis peak, official statistics revealed today.

Royal Bank of Scotland shares rocketed this morning after the bank said it expects a big jump in profits in H1.

Emerging market equities are hovering near highs last seen in January 2013, after China posted stronger-than-expected economic data.

Royal Mail shares have fallen to levels not seen since last October after a fresh warning parcel revenues may come in below expectations.

Iain Stealey, co-manager with Nick Gartside of the JPM Strategic Bond fund, looks at what lies ahead for fixed income investors in an environment of changing monetary policy.

Prepare for fireworks as policy uncertainty returns