EghtesadOnline: White House economic adviser Gary Cohn said on Sunday that the Federal Reserve "has been doing a good job" and the Trump administration respects its independence, even if the U.S. central bank raises interest rates this week.
EghtesadOnline: The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month.
EghtesadOnline: Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar.
EghtesadOnline: The dollar edged higher on Monday, boosted by robust U.S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister Theresa May's hint at no membership of the EU's single market.
EghtesadOnline: Investors puzzled over whether U.S. interest rates are rising due to a stronger economy or because of fears about inflation might want to look at the recent gains in REITs for some useful guidance.
EghtesadOnline: The euro jumped to its highest in three weeks in thin Asian trade on Friday, but was on track for a losing year on expectations that U.S. President-elect Donald Trump's policies will boost inflation and prompt the U.S. Federal Reserve to hike interest rates more frequently.
EghtesadOnline: U.S. home resales unexpectedly rose in November, reaching their highest level in nearly 10 years, likely as buyers rushed into the market to lock in low interest rates in anticipation of further increases in borrowing costs.
EghtesadOnline: The Trump rally in stocks and expected interest rate increase at the Federal Reserve meeting next week is whipsawing traders in most asset classes who are searching for signs of where the markets are headed.
EghtesadOnline: The U.S. economy needs higher interest rates although the Federal Reserve will closely scrutinize the expected changes in America's fiscal, trade and immigration policies, Cleveland Fed President Loretta Mester said on Wednesday.
EghtesadOnline: The dollar held near 13 1/2-year highs against a currency basket in Asian trading on Monday, as investors stuck with bets that President-elect Donald Trump's administration would adopt expansionary fiscal policies that will lead to higher interest rates.