Federal Reserve

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Investment guru Jim Rogers has criticised Federal Reserve chairman Ben Bernanke's decision to launch a second wave of QE in the US, saying he "does not understand economics".

HAS QE2 GONE TOO FAR?

We round-up industry reaction to the Federal Reserve's announcement it will pump a further $600bn of stimulus into the US economy.

The FTSE hit a seven-month high in early trading today following the Federal Reserve's decision to pump $600bn into the US economy.

The Federal Reserve will pump $600bn (£373bn) into the US economy by the end of June next year to try and boost the fragile recovery.

The FTSE 100 opened positively in a week set to be dominated by a slew of US economic and political news.

The US federal reserve could pump up to $1trn of extra QE into the economy to battle unemployment and encourage growth.

HAPPY 100th B'DAY FED