Fed `audit` push would hurt US economy: Yellen

Last Updated: Thursday, March 19, 2015, 09:17

Federal Reserve Chair Janet Yellen said Wednesday that a proposed law that could involve Congress in monetary policy could damage the economy.

US shares, oil jump after Fed statement

Last Updated: Thursday, March 19, 2015, 09:02

Stocks on Wall Street rallied and oil prices jumped as much as 6 percent on Wednesday after the Federal Reserve indicated it preferred a more gradual path to normalizing US interest rates even as it moved towards its first rate hike in almost a decade.

Fed opens door for rate hike even as it downgrades economic outlook

Last Updated: Thursday, March 19, 2015, 00:33

The Federal Reserve on Wednesday moved a step closer to a much anticipated first rate hike since 2006 by removing "patient" from its language, although markets bet on a September hike after it downgraded the expected pace of growth and inflation.

Federal Reserve should hold off on US interest rate hike: OECD

Last Updated: Wednesday, March 18, 2015, 16:42

The OECD said on Wednesday that the Federal Reserve should hold back from quickly raising interest rates, as the US central bank was holding a meeting that could signal a hike may be just a couple months away.

Will US Fed raise interest rates?

Last Updated: Wednesday, March 18, 2015, 09:39

The US central bank kicked off a policy meeting that ends Wednesday amid speculation about when the Federal Reserve will raise US interest rates - a move that would impact both advanced and emerging markets like India.

Dollar steady as eyes on Fed announcement

Last Updated: Wednesday, March 18, 2015, 09:36

The dollar remained steady against the yen on Wednesday as investors waited for a policy announcement by the US Federal Reserve.

Dollar hits 12-year euro high before US Federal meet

Last Updated: Monday, March 16, 2015, 16:45

The dollar hit a 12-year high against the euro Monday, ahead of a closely watched Federal Reserve policy meeting this week, while oil prices fell again as US supplies continued to build.

Wall St Week Ahead - Investors in ''patient panic'' over Fed language

Last Updated: Sunday, March 15, 2015, 23:14

U.S. stock markets are in the midst of a "`patient` panic" ahead of Wednesday`s Federal Reserve statement, when many investors expect a change in the Fed`s language that would send the clearest signal yet that a rate hike is coming soon.

Gold under pressure as dollar firm despite weak data

Last Updated: Tuesday, March 3, 2015, 08:04

Gold was steady above $1,200 an ounce on Tuesday after falling off a two-week peak the session before, struggling to push higher as the dollar hovered near an 11-year high.

Gold steadies on soft dollar, set for biggest monthly loss since September

Last Updated: Saturday, February 28, 2015, 04:30

Gold steadied on Friday, due to a softer dollar, but was heading for its biggest monthly loss since September as European shares traded near seven-year highs and upbeat U.S. data supported expectations of a rate hike by the Federal Reserve this year.

Dollar rises as US core inflation climbs

Last Updated: Friday, February 27, 2015, 04:54

The dollar firmed against other major currencies Thursday as US inflation data pointed to rising pressures that could ease the way for the Federal Reserve to up interest rates.

World stocks near all-time highs after Fed signals

Last Updated: Wednesday, February 25, 2015, 15:30

European bourses opened little changed, happy to take a breather after six days of unbroken gains and a surge since the start of the year that has seen the benchmark FTSEurofirst 300 race up roughly 17 percent.