Tag "Federal Reserve"

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. “I

CHICAGO : Neel Kashkari, the president of the Minneapolis Federal Reserve Bank who wants to force U.S. banks to hold more capital in order head off a future financial crisis, on Saturday said he was optimistic about his plan’s chances

Donald Trump isn’t president yet. But he’s already having an influence on the Federal Reserve, and it’s not a reassuring one. At their December meeting, Trump’s presidential win led members of the Fed to predict that interest rates would rise

NEW YORK : The New York Federal Reserve on Friday left its forecast on U.S. economic growth in the fourth quarter unchanged at 1.8 percent and expected the pace to hold in the first three months of 2017 following this

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 U.S. central bank’s policy-setting committee. YELLEN ON WHEN FED WILL TRIM BALANCE SHEET “We want to feel

The dollar surged to its highest levels in 14 years on Thursday, after the Federal Reserve hinted that U.S. interest rates could rise faster in 2017 than investors had been anticipating, and hiked rates for the first time in a

CLSA: Rate hike of 25 bps by Fed was 100% discounted Rate hike might be the start of a more normal tightening cycle Yellen emphasised the change in forecasts as only a modest adjustment Market does not yet fully discount

The dollar rose to a 14-year peak against a basket of major currencies on Thursday after the Federal Reserve boosted the number of projected interest rate hikes for 2017, rejuvenating the month-long Trump rally and knocking emerging market currencies. The

It was, once again, one of the worst kept secrets in economic history. Just like it did a year ago, the Federal Reserve on Wednesday sent its key short-term interest rate up by a quarter of a percentage point. In

WASHINGTON : The U.S. Federal Reserve raised interest rates on Wednesday and signalled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration’s promises of tax cuts, spending and deregulation. The increase in the