Sweden’s Riksbank may scrap plans to raise interest rates when its officials gather on Thursday.

Chairman Jerome Powell studiously avoided committing himself and colleagues in either direction.

The FOMC vote was not unanimous, with one member in favour of a quarter-point rate cut.

Fed watchers said their base case is for the central bank to stand pat.

Minutes of the Federal Open Market Committee’s April 30-May 1 gathering will be released at 2 p.m.

The concern for many committee members remains the downside risks to inflation

March is also the month for China’s National People’s Cong, when the rubber-stamp parliament will sign off.

Economists surveyed by Bloomberg predict the FOMC will stick with its prediction of three hikes.

The US is now a significant oil exporter, helping to lessen the damage to its trade balance.

Oil touching the triple-digit mark might shave 0.4% off U.S. gross domestic product in 2020.

The recent correction in stocks and rising rates on US debt shouldn’t hamper growth, he said.

In effect, their gradual policy is allowing for conditions that should generate higher prices, in their view.

Retail sales in the US probably rose in March and housing demand stabilised, bolstering the world's largest economy.

The cost of a barrel of crude in the US, adjusted for total disposable income, was $107.92 in Jan of this year, compared with a peak of $21...

Federal Reserve chairman Ben S Bernanke will probably delay the central bank's exit from record stimulus, economists said in a survey.

The US Fed chief has vowed to take aggressive steps to boost the economy as the world's largest economy's pace of growth slowed rapidly in ...

Confidence among US consumers dropped in August to the lowest level in a year as slumping stocks and a widening credit crunch added to thei...