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The Fed won`t wait for 2% inflation to raise rates: Fischer

Last Updated: Saturday, August 29, 2015, 22:26

Federal Reserve Vice Chairman Stanley Fischer warned Saturday that the US central bank will not wait for inflation to hit two percent before raising interest rates.

Fed rate hike may come as early as September, Rosengren says

Last Updated: Saturday, July 11, 2015, 11:04

One of the Federal Reserve`s most dovish officials said on Friday that September may turn out to be the right time to raise interest rates if the U.S. economy continues to improve, and he set a relatively high hurdle for delaying the move until next year.

Gold near three-month low

Last Updated: Monday, March 9, 2015, 14:15

Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year high after a strong U.S. jobs report boosted expectations the Federal Reserve would soon hike interest rates.