Donald Trump to nominate Jerome Powell as next Fed chairman
The appointment of Powell is likely to be well received on Wall Street, as he has never dissented from any monetary policy decision since becoming governor in May 2012.
Nov 02, 2017, 09:34 AM IST
Janet Yellen says gradual hikes should continue, despite weak inflation
Yellen walked systematically through many of the main arguments in favor of a structural change in inflation, and largely discounted them.
Sep 26, 2017, 23:55 PM IST
Wall Street slips as Fed meets to decide on interest rates
US stocks slipped at the open on Tuesday as investors fixed their sights on the outcome of a meeting where the Federal Reserve is widely expected to raise interest rates for the first time this year.
Mar 14, 2017, 19:36 PM IST
US Fed raises rates, sees faster pace of increases in 2017
The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.
Dec 15, 2016, 00:51 AM IST
Fed officials lean all ways on rate hikes, data in focus
Federal Reserve officials on Thursday were again at public odds over when the U.S. central bank should start raising rates, underscoring the difficult task ahead for Fed Chair Janet Yellen as she tries to build consensus for a rate hike sometime later this year.
Apr 17, 2015, 06:10 AM IST
