The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections ... Read More
Fed Chair Janet Yellen on Thursday made her strongest comments to date in favor for a policy tightening in December, telling Congress an increase could be “appropriate relatively soon.” ... Read More
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= ... Read More
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 ... Read More
Fed Chair Janet Yellen yesterday reaffirmed the case for keeping interest rates near zero percent and raising rates slowly in the future. But the Treasury market seemed to have ... Read More
Gold dropped from its highest in a month on Friday as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the U.S. central bank would ... Read More
U.S. stock index futures fell sharply on Thursday as concerns about global economic growth grew and ahead of a speech by Federal Reserve Chair Janet Yellen. * Investors will ... Read More
Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. Household spending and business fixed investment have been ... Read More
* Greenback higher vs euro after biggest fall in six years * Norwegian crown soars after rates kept on hold * Fed’s statement far less hawkish than market expected ... Read More
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