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US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shockFederal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oi...
Global Market Today: Asian stocks rise with optimism over Iran dealAsian markets surged to new peaks. Japanese stocks led the rally. Investors are optimistic as the US and Iran move closer to ending their c...
Gold dips as inflation concerns linger; markets watch US-Iran talksGold prices saw a dip on Monday. Inflation concerns are impacting the US monetary policy outlook. Markets are closely watching US-Iran peac...
Dollar set for sharp weekly loss versus yen after Japan steps inThe dollar logged its sharpest weekly drop against the yen since February amid suspected Japanese intervention. Authorities signalled disco...
US Stock Market: Wall Street futures climb as traders cling to de-escalation hopes, await earningsU.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March pr...
Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
US stocks today: US stocks close mixed, with signs of progress as Trump's Iran deadline draws nearU.S. stocks ended mixed as investors tracked last-minute diplomatic efforts ahead of the Iran deadline to reopen the Strait of Hormuz. Risi...
Gold price today: Why are gold rates falling amidst Iran war? Experts predict what to expectGold is widely regarded as a hedge against geopolitical risks and inflation, but because it yields no interest, it tends to be less attract...
US Fed interest rate predictions: Rate hike likely as Iran war leads to higher gas prices, inflation concerns, claims expertU.S Fed rate hike, if it happens, would almost certainly prompt President Donald Trump to lash out at the Federal Reserve, which he has har...
Goolsbee says lowering inflation is US Fed's main jobChicago Fed President Austan Goolsbee emphasized the central bank's priority is reducing inflation, citing a stable job market as evidence....
Fed's Harker wants interest rates to get above 5%, then sitRecent inflation readings "show that disinflation is proceeding slowly - which is disappointing, to say the least," Harker said. The Fed ta...
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...
Fed's Evans sees 'wiggle room' on rate hike timing"I still think that the best choice is middle of 2016 until I see data that are stronger that lead me to have more confidence in inflation,...
Gold declines as US stimulus outlook curbs demandGold today declined as speculation the US Fed may taper its bond-buying plan curbed demand for the metal.
- '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...