In Trump's shadow, Fed official says trade barriers a dead end Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders […]
Janet Yellen
U.S. stock futures hit six-week low on failed healthcare bill U.S. stock futures hit six-week low on failed healthcare bill:- U.S. stock index futures hit six-week lows on Monday after President Donald Trump failed to push through his healthcare bill, raising concerns about his ability to deliver on his economic […]
Asia stocks mixed, dollar slips as Fed continues to weigh Asia stocks mixed, dollar slips as Fed continues to weigh:- Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less […]
Fed raises rates as job gains, firming inflation stoke confidence Fed raises rates as job gains, firming inflation stoke confidence:- The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation […]
Asian stocks slip, Fed's decision day makes investors wary Asian stocks slip, Fed's decision day makes investors wary:- Asian stocks slipped on Wednesday as investors took profits before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with […]
Fed, in shift, may move to faster pace of rate hikes Fed, in shift, may move to faster pace of rate hikes:- The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently than it and markets expected, may be […]
Pharma, bank stocks pull Wall Street lower Pharma, bank stocks pull Wall Street lower:- U.S. stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month. […]
Yellen points to March rate hike as Fed signals end of easy money Yellen points to March rate hike as Fed signals end of easy money:- The U.S. Federal Reserve's long-stalled 'liftoff' of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to […]
Asian shares advance, dollar supported by March rate hike bets Asian shares advance, dollar supported by March rate hike bets:– Asian shares rose on Thursday as investors were encouraged by President Donald Trump's less combative tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while […]
Fed officials jolt market with talk of pending rate hike Fed officials jolt market with talk of pending rate hike:- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too […]
