Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.
The US Federal Reserve has raised interest rates the first time this year and the second time in a decade.
The Federal Reserve's policy meeting is expected to end with a 0.25 percent interest rate rise, but all eyes are on Donald Trump to see how he reacts.
The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan.
Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon".
As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.
The US Federal Reserve's latest policy meeting is expected to keep interest rates unchanged but set the stage for a hike in December.
US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.
In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.
Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".
Policymakers at the US central bank, the Federal Reserve, started a two day meeting on Tuesday. A majority of economists expect its benchmark main interest rate to be left unchanged.
US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.
Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.
US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.
Improvements in the labour market and expectations for solid economic growth have strengthened the case for a US interest rate hike.
Financial markets are focused on Federal Reserve chief Janet Yellen's speech on Friday at the annual central bankers gathering in Jackson Hole, Wyoming.
Money markets and investors world wide are waiting with bated breath for the UK’s decision next week on its future, in or out, of the European Union.
The Federal Reserve is deep in a policy meeting with the unlikelihood of an interest rate rise coming anytime soon.
One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.
Minutes from the latest meeting of Federal Reserve's policymakers reveal they feel the US economy could be ready for an interest rate increase as early as June.
The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling
Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.
The US Federal reserve has left interest rates unchanged, but says that moderate growth and what it called “strong job gains” means it will be able
Federal Reserve policymakers are meeting and considering what to do about US interest rates amid weaker retail sales.