There have been some epic transatlantic yacht races over the decades. It is always a contest of navigation, strength and skill, which pits each sailor against both the elements and the competition. But right now there is another transatlantic race underway, and this one is being fought among central bankers. Which country will raise interest rates first, Britain or the United States? Both Bank of England Gov. Mark Carney and Federal Reserve Chairman Janet Yellen have been making increasingly aggressive noises about bringing to an end five years of super-cheap money. But who will move first? For three reasons, the ... (full story)