EghtesadOnline: The dollar weakened, pushing stocks and emerging market currencies higher, after jobs data cooled speculation that the Federal Reserve will raise interest rates this month.
EghtesadOnline: U.S. employment growth slowed more than expected in August after two straight months of robust gains and wages were tepid, which could effectively rule out an interest rate increase from the Federal Reserve this month.
EghtesadOnline: Wall Street's biggest banks are sticking to bets that the U.S. Federal Reserve will raise interest rates once this year, and the increase would most likely occur in December after a tepid employment report for August quashed most talk of a move as early as this month.
EghtesadOnline; Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U.S. employment data could put the Federal Reserve on track to hike interest rates.
EghtesadOnline: Investors scouring Janet Yellen’s speech last Friday for clues on short-term interest rates came away disappointed. The Fed chair chose to deliver a more important message: The future of U.S. macroeconomic policy cannot be like the past.
EghtesadOnline: The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bank and other policymakers said on Friday in comments that left the door open for a hike as early as next month.
EghtesadOnline: Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession.
EghtesadOnline: Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices.
EghtesadOnline: The dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to a gathering of global central bankers in Wyoming for clues on whether the Federal Reserve is poised to hike interest rates again.
EghtesadOnline: Asian shares slipped on Monday, while the dollar lifted off last week's lows on expectations a signal might emerge from a Federal Reserve gathering this week in Jackson Hole, Wyoming, that the U.S. central bank is gearing up to hike interest rates.