Mar 17, 2021 11:57 AM IST
Any sign that the Fed could even consider bringing forward plans to raise interest rates could make life harder for emerging markets
- Oct 30, 2019 10:50 AM IST
That would be a stark contrast from a year ago, when Fed Chair Jerome Powell's comments that the balance sheet reduction was on "autopilot" gave investors the impression the central bank was on a strict course of tightening monetary policy, with no flexibility to tackle concerns about market liquidity or slowing global growth.
- Mar 01, 2019 07:56 AM IST
"Signs of upward pressure on inflation appear muted despite the strong labour market," with unemployment at 4 percent and wage increases picking up of late, Powell said in remarks prepared for delivery at the Citizens Budget Commission in New York.
- Oct 24, 2017 11:05 AM IST
The rupee opened higher by 4 paise at 64.98 per dollar as against yesterday's closing level of 65.02 per dollar at the Interbank Forex Market (FOREX).
- Sep 07, 2017 07:45 AM IST
Two sources said Trump remained upset with Cohn, a former Goldman Sachs president, for criticizing his response to the violence sparked by a white supremacist rally in Charlottesville, Virginia, last month.
- Aug 17, 2017 09:35 AM IST
The Fed has raised key overnight borrowing costs four times since December 2015, while unemployment touched a 16-year low in July at 4.3 percent and Wall Street recently posted all-time highs on upbeat company earnings.
- Jul 24, 2017 09:25 AM IST
Two years ago, it was a collapse in Chinese stocks, a surprise yuan devaluation and shrinking foreign exchange reserves that roiled financial markets that delayed the Fed, but it did raise rates three months later and has tightened further since.
- May 25, 2017 09:29 AM IST
Nearly all policymakers at the May 2-3 meeting also said they favoured beginning the wind-down of the U.S. central bank's massive holdings of Treasury debt and mortgage-backed securities this year.
- Apr 06, 2017 07:26 AM IST
Members of the US central bank also pointed to looming elections in Europe -- where a wave of populism has called prevailing trade policy into doubt -- as posing near and longer-term economic dangers.
- Apr 05, 2017 07:25 AM IST
The 2012 leak had triggered a criminal investigation after research firm Medley Global Advisors told its clients the details of a key Fed meeting a day before the Fed released its own record of the discussion.
- Mar 21, 2017 11:36 AM IST
The Indian rupee resumed lower by 4 paise at 65.40 per dollar as against Monday's closing level of 65.36 at the Interbank Foreign Exchange (Forex) Market here today.
- Feb 27, 2017 10:45 AM IST
Chinese authorities have taken a raft of steps in recent months to curb capital flight from the country to support the weakening yuan currency, while trying to attract more foreign investment.
- Feb 07, 2017 07:52 AM IST
The Fed raised rates for only the second time since the financial crisis in December, and most Fed policymakers agree with Harker that three more rate hikes this year would be appropriate. Wall Street banks and interest-rate futures traders are betting the Fed will only lift borrowing costs twice this year, starting in June.
- Feb 06, 2017 02:44 PM IST
With the impact of demonetisation still being felt inflation under control, the six-member Monetary Policy Committee will likely recommend a reduction of 25 basis points in key policy rate, feel economists.
- Jan 19, 2017 08:39 AM IST
"Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road - either too much inflation, financial instability, or both," Yellen told the Commonwealth Club of California in San Francisco.
- Jan 18, 2017 09:13 AM IST
"If fiscal policy changes lead to a more rapid elimination of slack, policy adjustment would, all else being equal, likely be more rapid," Fed Governor Lael Brainard said at an event hosted by the Brookings Institution.
- Jan 09, 2017 07:46 PM IST
Boston Fed President Eric Rosengren on Monday called for the U.S. central bank to step up its pace of interest-rate increases from the once-a-year pattern it has pursued since 2015, warning of inflation risks if it does not.
- Dec 15, 2016 08:26 PM IST
The number of Americans filing for unemployment benefits fell last week as the labor market continued to tighten.
- Dec 15, 2016 07:44 AM IST
In a closely watched decision on late Wednesday, the US central bank raised the target federal funds rate by 25 basis points to between 0.50 percent and 0.75 percent.
- Dec 15, 2016 01:55 AM IST
The following are highlights of Federal Reserve Chair Janet Yellen's press conference on Wednesday following the end of a two-day meeting of the US central bank's policy-setting committee.
- Dec 10, 2016 08:25 AM IST
The US central bank should announce new economic forecasts next week, along with a rate hike. If inflation is expected to pick up quickly, the Fed may need to raise rates faster than investors expect, and that could be a negative for US stock
- Nov 17, 2016 06:55 PM IST
Yellen said Fed policymakers at their meeting earlier in November judged that the case for a rate hike had strengthened.
- Nov 17, 2016 07:57 AM IST
The Federal Reserve must take into account potential policy changes made by the incoming Trump administration which could affect the US central bank, Philadelphia Fed President Patrick Harker said on Wednesday.
- Nov 10, 2016 11:44 AM IST
"Having that independence is very important," Williams said, adding that criticism of the Fed is part of democracy and is to be expected. "We are focused on the economy, focused on achieving our goals; it is not a partisan activity."
- Oct 18, 2016 02:32 PM IST
Investor caution continues to mount as election day approaches in the US This as comments from Federal Reserve Vice Chair Stanley Fischer on Monday suggested the US central bank was "very close" to meeting its employment and inflation goals, sending US stocks lower into Monday's session close.