Search Results for: Fed Chair Janet Yellen
Dollar pauses after recent jump as Fed outlook eyed
December 12th, 2017
The dollar was flat on Tuesday after strong recent gains as the U.S. Federal Reserve geared up for a two-day policy meeting at which it is widely expected to raise interest rates for the fifth time since late 2015. ...
Currency market overview: BoE and FED interest rate decisions ahead
October 31st, 2017
Plenty of factors could influence the AUD, GBP, EUR, USD, CAD and ZAR exchange rates this week, such as economic data and the Bank of England (BoE) and Federal Reserve interest rate decisions, say currency experts FC Exchange. GBP ...
Former Fed Chief Bernanke described bitcoin as a “mostly speculative venture”
October 17th, 2017
Bernanke Thinks Bitcoin Will Fail (But He Likes Blockchain) What does the former head of the Federal Reserve think of a digital currency that operates outside the control of central banks? The answer, unsurprisingly, is not much. “Bitcoin is ...
FED expects inflation on a 12-month basis to remain somewhat below 2 percent
July 27th, 2017
The Federal Reserve , the central bank of the United States, has issued a FOMC statement. According the FOMC statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to ...
Dollar slips but poised for winning week on March Fed rate hike bets
March 3rd, 2017
The dollar slipped on Friday but remained on track for a solid weekly gain on growing expectations the U.S. Federal Reserve will raise interest rates at its mid-March meeting, which led to a rise in U.S. Treasury yields. The ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
The Fed Lifts Interest Rates On Outlook For Firmer Growth
December 16th, 2016
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 were slightly more hawkish too. Meantime, the government yesterday reported ...
Here Are Some of the Markets Making Big Moves After the Fed Announcement
December 15th, 2016
The Federal Reserve raised interest rates for the first time this year on the back of a stronger job market and increasing inflation expectations. While the move was expected, there was a surprise: new projections show central bankers now see ...
FED expected to raise interest rates for the second time in 10 years
December 14th, 2016
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into a faster pace of interest rate hikes, but there’s little ...
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats
December 14th, 2016
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats Odds of a rate hike Wednesday have been at 100% all month Crude snaps four-day OPEC rally after U.S. supplies rise Markets were subdued during the Asian day as ...