raising interest rates

After Japan's tsunami disaster, Yen surged on the assumption that Japanese companies and individuals will repatriate their overseas investments back home, causing high demand of Yen, thus warrant a strengthening in the currency. This happened even in the face of Bank of Japan expanding its...

Mr. Bernanke had his second interview with 60 minutes on Sunday, right before the interview of Mark Zuckerberg, CEO and founder of Facebook. It's hard to tell who is more powerful these days: one who commands the monetary policy of the US, or one who is actively shaping the ways we interface and...