To battle inflation near double digits, Reserve Bank of India raises repurchase rate by 25 bps; may be first in a series of substantial increases.

SEC commissioner says Fed and other agencies use the FSOC to influence rules for money market funds, including the proposal to impose a floating NAV.

New York and California are taking different approaches, but their final decisions on regulation of bitcoins are likely to set the tone for the rest of the U.S.

Bill introduced in the U.S. House would require the Federal Reserve to perform a cost-benefit analysis of every new banking rule, plus increase Fed disclosures.