Despite the mix of praise and criticism, Trump Economic Advisor Judy Shelton, claims that his administration will respect the Fed's indepen...

“In my view, the Fed appears reasonably close to achieving both the inflation and employment components of its mandate,” Fischer said.

Policy makers have signaled that a second increase is imminent as employers continue to hire, wages creep up and price pressures climb.

If indeed the US central bank goes ahead and raise rates before the end of this year just to show it has done something in 2016.

Among the voting members of Federal Open Market Committee, however, it seems Stan is more of the “odd man out,“ according to Jefferies.

In order to ensure that GST is rolled out by April 1, 2017, the government is trying hard to get the winter session of Parliament advanced ...

Gold of 99.9 per cent and 99.5 per cent purity lost Rs 200 at Rs 31,050 and Rs 30,900 per 10 grams, respectively, a level last seen on Augu...

The local currency on Friday tumbled by 24 paise to close at three-week low of 67.05 against dollar on sustained demand for the US currency...

While 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...

On Sunday Fed vice chairman Stanley Fischer said the bank expected to stick to its plan to tighten monetary policy by the end of the year.

The dollar index, which tracks the movement of greenback against a basket of six major world currencies, stood at 95.79.

While Fischer has left open the option of an interest-rate increase when policy makers meet next month, he didn't express a preference for ...

The Federal Open Market Committee is embarking on a critical phase in its 7-year battle with a financial crisis, a recession & a sub par re...

Lagarde, who has undertaken a massive campaign and who has the backing of Europe and the US appeared to be odds-on favourite.

Resolve governance gap between G20 and IMF; the composition of the two should converge, says Stanley Fischer.

Bank of Israel's governor believes central banks can do a lot to run an expansionary monetary policy through measures like quantitative eas...

The Bank of Israel raised its base interest rate by a quarter point on Monday to four percent, it said in a statement.