TCW Group Inc. says the Bank of Japan has made a mistake and should exit quantitative easing as soon as possible. Invesco Ltd. says the only error was not starting sooner. The split in views at the funds, which manage a combined $971 billion, comes ...

The Federal Reserve is under attack, as bills subjecting the U.S. central bank to "auditing" by the Government Accountability Office are likely to be passed by both houses of Congress.

A Bank of Japan policymaker warned Thursday that the central bank's decision last October to ease monetary policy further would increase the risk of undermining economic and price stability in the long term. Takahide Kiuchi, one of four Policy Board members who opposed the central ...

Mario Draghi led the European Central Bank into a new era with a historic pledge to buy government bonds as part of an asset-purchase program worth about €1.1 trillion ($1.3 trillion). The ECB president side-stepped German-led opposition to quantitative easing in a once-and-for-all push to ...

The Bank of Japan is likely to keep unchanged its monetary policy at a two-day meeting starting Tuesday as it assesses the effects of the additional easing decided at its previous meeting, sources said. The central bank is also likely to maintain its assessment of ...

Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the U.S. Federal Reserve chairman should be roughed up. Over the past five years, as the Fed has pumped ever-more money into the financial system, critics ...