EghtesadOnline: A top U.S. central banker on Tuesday said he still expected one more rise in interest rates from the Federal Reserve this year and for it to start unwinding its massive balance sheet in the next few months.
EghtesadOnline: Stocks in Asia climbed amid low trading volume and the dollar erased early losses as Federal Reserve Bank of San Francisco President John Williams said the economy is strong enough to withstand three or four interest rate increases this year.
EghtesadOnline: A day after Republican Donald Trump was elected as the next U.S. president, San Francisco Federal Reserve Bank President John Williams said that the U.S. central bank is nerdy, geeky, but above all apolitical, and will remain so.
EghtesadOnline: The Federal Reserve can raise interest rates without threatening the U.S. economic recovery, a top Federal Reserve policymaker said on Tuesday, saying the central bank risks doing more harm by continued inaction.
EghtesadOnline: The debate over the path for U.S. interest rates heightened as hawkish comments from another Federal Reserve regional chief sent Treasuries and stocks slumping, while spurring dollar gains.
EghtesadOnline: The Federal Reserve should raise interest rates further this year, a top U.S. central banker said in an interview published on Thursday, reflecting improved labor market conditions and the likelihood that inflation is heading higher.