Last Updated: Thursday, July 30, 2015, 10:06
The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying it has left the door open for a possible interest rate hike as early as September.
Last Updated: Thursday, July 30, 2015, 10:04
The US economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September.
Last Updated: Thursday, July 30, 2015, 00:12
The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.
Last Updated: Wednesday, July 15, 2015, 18:18
Federal Reserve Chair Janet Yellen said on Wednesday the US central bank remains on track to raise interest rates this year, with labor markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.
Last Updated: Friday, July 10, 2015, 23:50
Yellen, however, remained cautious, saying she still saw slack in the jobs market, which has been a key factor in how the Fed approaches its first rate hike since 2006.
Last Updated: Thursday, June 25, 2015, 10:52
Gold edged up on Thursday, after sliding for the past four sessions to a two-week low, with investors awaiting news on Greece`s talks with its international lenders to avert a default for further trading cues.
Last Updated: Thursday, June 18, 2015, 20:18
The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of those who want to stop at just one.
Last Updated: Thursday, June 18, 2015, 08:39
Fed officials also saw slightly lower rates at the end of 2016 and 2017 than forecast in March and more policymakers were now in favour of hiking rates only once or not all this year.
Last Updated: Thursday, June 18, 2015, 00:07
The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown.
Last Updated: Thursday, June 18, 2015, 00:05
The US Federal Reserve`s policy arm, the Federal Open Market Committee, issued a statement Wednesday after a two-day meeting announcing it had kept unchanged its benchmark zero-level interest rate.
Last Updated: Thursday, June 18, 2015, 00:04
The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, U.S. Federal Reserve officials indicated on Wednesday.
Last Updated: Wednesday, June 17, 2015, 18:03
The U.S. Federal Reserve is meeting with the possibility of an interest rate hike squarely on the table, but with a different issue center stage: Is the worst of 2015 over?
more videos >>
