Bond yields rise as 10-year U.S. yield nears 4%The Fed has already raised rate by 300 basis points since March to 3.00%-3.25% and markets expect that its more than likely that rates will...
11 Oct, 2022, 11.24 AM IST
Fed 'could very well' hike rates by 75 basis points this month, Evans saysWe don't want to unnecessarily restrict the economy," he said. "But we do need to be concerned about the high inflation environment," where...
09 Sep, 2022, 10.22 AM IST
Markets need to heed voice of doves on Fed rate trajectoryNervous fliers who sweat the small bumps on their journey sometimes wonder why their pilot can't just fly much lower. From their point of v...
20 Nov, 2021, 08.19 AM IST
Fed's Evans wants "few more" job reports before bond taper"We are making progress ... We are well on our way," to the point where it would be appropriate for the Fed to begin trimming its $120 bill...
11 Aug, 2021, 08.42 AM IST
Fed's Evans sees long period of accommodative monetary policyThe Fed's two goals, set by Congress, are full employment and stable prices. The U.S. economy is far from both, with unemployment at 6.7% i...
04 Jan, 2021, 09.56 PM IST
Chicago Fed chief says bank may want to cut rates againIn his speech, Evans flagged sliding inflation expectations, calling recent declines an “unwelcome development.”
17 Oct, 2019, 08.40 AM IST
Former Fed chair Yellen quashes recession claims, says yield curve may signal need to cut ratesThe yield curve inverted on Friday for the first time since mid-2007, a shift that has in the past signaled the risk of recession.
26 Mar, 2019, 10.06 AM IST
Rupee rallies to 17-month high, up 6 paise at 65.30Strong capital inflows to equity and debt markets also provided support, forex traders said.
21 Mar, 2017, 08.18 PM IST
Rupee rises for fifth session, gains 4 paise against US dollarThe domestic currency session had gained 17 paise to close at 66.37 on Wednesday on increased dollar selling by banks and exporters.
31 Mar, 2016, 12.02 PM IST
Fed policymakers keep December rate hike in spotlightWhile two does not make a crowd, their apparent agreement on the plausibility of a December rate increase came just a day after Fed Vice Ch...
12 Oct, 2015, 11.00 PM IST
Fed has met goal on jobs; not so much for inflation: Chicago Fed President Charles EvansThe Federal Reserve has reached its full employment goal, a top US central bank official said, but it should not yet begin to raise interes...
12 Oct, 2015, 10.37 PM IST
US economy to grow 2.5 pc this year: Chicago Fed President Charles EvansLast month, Fed policymakers said they expected GDP growth of between 2.3 and 3.0 per cent this year, and 3-3.5 per cent in 2014.
15 Jan, 2013, 02.20 AM IST
- Gold gains after Evans comments on steps for economy
Gold today rose after Federal Reserve Bank of Chicago President Charles Evans said the US central bank should keep steps to boost economic ...
14 Jan, 2013, 05.10 PM IST
- Silver futures up on firm global cues
At the Multi Commodity Exchange, silver prices for delivery in March were up by Rs 227, or 0.39 per cent, to Rs 58,426 per kg in business t...
14 Jan, 2013, 11.54 AM IST
- US Fed trio spars on low-rate policy ahead of December meeting
Fed has kept short-term rates at 0% since Dec 2008 and has bought $2.5 t in bonds to boost recovery
03 Dec, 2012, 05.57 AM IST
- Bernanke calls for G20 to coordinate reforms
US Federal Reserve Chairman Ben Bernanke called Monday for the Group of 20 world powers to coordinate financial reforms more closely in ord...
31 May, 2010, 01.31 PM IST
- 'Soft rates must stay, for now'
Two regional Federal Reserve Bank presidents, speaking before Friday’s release of a February report on US jobs, said they believe the centr...
06 Mar, 2010, 05.38 AM IST