U.S. Federal Reserve

Trump praises Treasury Secretary Mnuchin but hits Fed again on rate rises

Wed, 26 Dec 2018 - 03:00 GMT

President Donald Trump expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump.

Stocks slump as Fed's outlook on rates disappoints

Thu, 20 Dec 2018 - 09:21 GMT

Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes over the next two years.

Fed lifts rates, now sees 'some further' hikes ahead

Wed, 19 Dec 2018 - 09:00 GMT

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year.

Fed's Powell, in apparent dovish shift, says rates near neutral

Thu, 29 Nov 2018 - 09:21 GMT

U.S. Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank’s policy rate is now “just below” estimates of a level that neither brakes nor boosts a healthy U.S. economy, comments th

Stocks rise, dollar sags on signs of more cautious Fed

Thu, 29 Nov 2018 - 09:12 GMT

Asian stocks rose on Thursday, tracking gains on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets.

White House eyeing El-Erian, others for Fed vice chair

Tue, 14 Nov 2017 - 06:55 GMT

The White House is considering Mohammed El-Erian, chief economic adviser at German Allianz, to be a vice chair at the U.S. Federal Reserve.

Dollar slips versus yen as Russia probe turns investors cautious

Tue, 31 Oct 2017 - 12:00 GMT

The dollar slipped to an 11-day low against the yen on Tuesday.

Euro falters after biggest weekly rise in a month

Mon, 16 Oct 2017 - 09:20 GMT

The euro slipped on Monday after posting its biggest weekly rise in a month as traders took profits.

Global financial stability has improved, but risks ahead: IMF

Wed, 11 Oct 2017 - 05:04 GMT

The improvement in near-term financial stability has been underpinned by a broad-based global economic upswing.

When it comes to U.S. stocks, growth trumps quality

Sat, 30 Sep 2017 - 12:51 GMT

U.S. investors are not rewarding companies for generating good earnings consistently.

U.S. fines HSBC $175 million for lax forex trading oversight

Sat, 30 Sep 2017 - 11:31 GMT

The U.S. Federal Reserve fined HSBC Holdings PLC $175 million on Friday for “unsafe and unsound practices” in its foreign exchange trading business.

IMF says BOJ should maintain massive stimulus

Fri, 22 Sep 2017 - 08:57 GMT

The Bank of Japan should maintain its massive monetary stimulus and enhance its communication of how it expects to achieve its 2 percent inflation target.

Hungary should not rush into further payroll tax cuts: minister

Sat, 09 Sep 2017 - 12:29 GMT

Hungary should not rush into further cuts in payroll taxes after steep reductions agreed with employers for 2017.

Dollar index inches higher; Jackson Hole meeting in focus

Tue, 22 Aug 2017 - 08:08 GMT

The dollar inched higher against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week.

European shares set to end three days of gains as banks, energy stocks fall

Thu, 17 Aug 2017 - 09:03 GMT

European shares edged lower in early deals set to break their three-day winning streak as banks fell following a set of cautious minutes from the U.S. Federal Reserve.