EghtesadOnline: The U.S. economy appears strong enough to warrant significantly higher interest rates, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.
EghtesadOnline: The dollar rose to a one-month high against the yen on Wednesday as investors reversed the bets they had made on speculation that the U.S. Federal Reserve would not hike interest rates anytime soon.
EghtesadOnline: Asian shares bounced modestly on Tuesday as doubts the Federal Reserve would hike interest rates next month restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world.
EghtesadOnline: U.S. stock index futures were little changed on Thursday, a day after the minutes of the Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates in the near-term.
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.