Gold pulls back as hawkish Fed cues boost dollarGold prices retreated on Wednesday as the dollar advanced after comments from U.S. Federal Reserve officials cast doubts over interest rate...
Fed's Mester says too soon to tell if rate hike needed in May: ReportCleveland Federal Reserve Bank President Loretta Mester has said it was too early to tell whether the US central bank would raise its bench...
Fed's Mester says rate target will need to go over 5%The Fed in late March raised rates by a quarter percentage point, to between 4.75% and 5%. The decision was haunted by banking sector troub...
Fasten seatbelts! Uday Kotak expects central banks to go for more hikesKotak's comments came in the wake of several Fed policymakers this week signalling more rate increases to bring inflation down to the centr...
Fed's Mester says more rate hikes needed to combat inflationMester, who does not have a vote on the Federal Open Market Committee this year, noted she would have been open to a larger rate rise at th...
Fed policymakers call for further rate hikes to beat inflationThe Fed's benchmark overnight lending rate currently sits in a target range of 4.25% to 4.50%, and investors expect the Fed to lift that ra...
Fed's Mester sees rates rising more than most policy makers have forecastMester has been a voting member of the rate setting Federal Open Market Committee this year but will not hold that role next year. On Wedne...
Gold inches higher as dollar weakens; Fed minutes on radarAt the beginning of this month, the U.S. central bank delivered a fourth consecutive 75 basis-point rate hike to tame inflation in what has...
Fed policymakers press ahead with inflation fight, even with markets in turmoilWhile "no one knows for sure" if there is a big problem lurking in the financial sector right now, "so far, we haven't seen the kind of mar...
Why was KTLA TV anchor Mark Mester fired? Details hereMark Mester's name has been removed from KTLA's website from the anchor list, and reports suspect it could be due to his off-script stunt o...
Fed policymakers: September rate hike a question of how big, not ifThe U.S. central bank has raised interest rates by three quarters of a percentage point this year, and most Fed policymakers back raising i...
Fed officials nod to big rate hikes to fight 'inflation, inflation, inflation'Fed policymaker forecasts released last week signaled most saw the policy rate rising to 1.9% or higher by the end of the year.
Fed policymakers want faster and bigger rate hikes to fight inflation"The Fed needs to move aggressively to keep inflation under control," St. Louis Fed President James Bullard told Bloomberg TV on Tuesday, c...
Fed's Mester says situation in Ukraine will be considered for monetary policyThe Fed official said she expects inflation will moderate this year as demand moderates and capacity constraints are resolved, but remain a...
Fed's Loretta Mester says framework needs to be more explicit on financial stabilityAfter announcing its plan to reduce asset purchases in December 2013, the central bank cut its then-monthly purchases of $45 billion of Tre...
Fed's Kaplan sees risk of inflation gaining a foothold in US economy"What you don't know is, depending on how long that goes on, whether that starts to get embedded in inflation expectations, and you worry t...
Fed’s Mester says more fiscal, not monetary support, is neededMester, a voter this year on the rate-setting Federal Open Market Committee, noted that some sectors of the economy are doing fine while ot...