EghtesadOnline: Accused Russian agent Maria Butina had wider high-level contacts in Washington than previously known, taking part in 2015 meetings between a visiting Russian official and two senior officials at the U.S. Federal Reserve and Treasury Department.
EghtesadOnline: U.S. equity-index futures gained, the dollar edged lower and Treasuries were steady before a key inflation report that may throw more light on the Federal Reserve’s policy path. Stocks in Europe advanced, bolstered by robust economic data.
EghtesadOnline: The Dow Jones Industrial Average tumbled 666 points in the biggest plunge since June 2016, as the worsening bond rout stirred angst that the Federal Reserve will accelerate its rate-hike schedule.
EghtesadOnline: President Donald Trump is expected to nominate Federal Reserve Governor Jerome Powell to seize the reins of the central bank when Chair Janet Yellen’s term ends in February 2018, in a move that could alter monetary policy and the direction of America’s economy.
EghtesadOnline: Jerome Powell wasn’t a lock to be President Donald Trump’s pick to lead the Federal Reserve.
EghtesadOnline: President Donald Trump told reporters Monday he is “very, very close” to announcing his nominee for chairman of the Federal Reserve.
EghtesadOnline: Federal Reserve Chair Janet Yellen said gradually raising interest rates is the most appropriate policy approach amid higher uncertainty about inflation, reinforcing the U.S. central bank’s forecast for another hike this year.
EghtesadOnline: The dollar extended gains after Federal Reserve Chair Janet Yellen boosted expectations for an interest-rate rise in December and ahead of the U.S. president laying out his tax-reform plan. U.S. and European equity futures climbed, while most Asian stocks declined.
EghtesadOnline: The dollar was on tenterhooks, trading sideways against major rivals on Wednesday as investors awaited the outcome of the Federal Reserve’s meeting at which it was expected to announce plans to trim its $4.2 trillion in bond holdings.
EghtesadOnline: Stocks fluctuated near peaks and the dollar held above its recent lows with a highly anticipated Federal Reserve policy decision pending, and as investors girded for another round of geopolitical tensions after U.S. President Donald Trump threatened to annihilate North Korea.