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US central bank

14 Dec 2017

US Fed raises key interest rate amid strong labor market

The US Federal Reserve has raised the benchmark interest rate by 25 basis points.

Federal Reserve

23 Nov 2017

Fed policymakers say rate increase likely warranted soon

The central bank has increased rates four times in a tightening cycle that began in late 2015.

US central bank

30 Sep 2017

US fines HSBC $175 million for lax forex oversight

In an order, the Fed also directed HSBC to improve internal oversight measures and compliance with risk management requirements in its foreign exchange trading.

US Federal Reserve

15 Jun 2017

US Fed raises rates, unveils balance sheet cuts in sign of confidence

The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signalling its confidence in a growing US economy and strengthening job market.

07 Apr 2017

US job growth slows sharply, unemployment rate falls to 4.5%

The unemployment rate fell two-tenths of a percentage point to 4.5 percent, the lowest level since May 2007.

Federal Reserve

14 Dec 2016

US Fed raises rates, sees faster pace of increases in 2017

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signalled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

21 Sep 2016

US dollar declines after Fed statement

In the statement released on Wednesday after Fed's two-day policy meeting, the US central bank decided to keep its federal funds rate unchanged amid recent weak economic data and tepid inflation, Xinhua news agency reported.

Federal Reserve policy

19 May 2016

Gold near 3-week low on Fed rate hike expectations, firmer dollar

Gold was trading near a three-week low on Thursday after minutes from a Federal Reserve policy meeting signalled the U.S. central bank could raise rates as soon as next month, boosting the dollar.

US jobless data

17 Mar 2016

US jobless claims edge up; current account deficit falls

The number of Americans filing for unemployment benefits rose from a five-month low last week, but remained below a level associated with a strengthening labor market. Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted 265,000 for the week ended March 12, the Labor Department

Japanese stocks

10 Feb 2016

Tokyo stocks drop to lowest since 2014 on global recession fears

Japanese stocks again dropped Wednesday to their lowest level since late 2014, as fears of a global recession hammered investor confidence ahead of testimony by the head of the US central bank.

12 Jan 2016

US dollar rises amid Fed rate hike expectation

The US dollar gained on Tuesday as market expected the Federal Reserve to continue the interest rate hike in 2016.

16 Dec 2015

Fed chief Yellen's news conference after FOMC meeting

The rate hike reflects the committee's confidence that the economy will continue to strengthen. The economic recovery has clearly come a long way, although it is not yet complete, Janet Yellen said.

Hong Kong stocks

15 Dec 2015

Hong Kong stocks fall for ninth straight session

Hong Kong stocks fell Tuesday for a ninth successive session due to a late sell-off as investors await the conclusion of a much-anticipated US central bank meeting.

Federal Reserve

29 Aug 2015

The Fed won`t wait for 2% inflation to raise rates: Fischer

Federal Reserve Vice Chairman Stanley Fischer warned Saturday that the US central bank will not wait for inflation to hit two percent before raising interest rates.

10 Jul 2015

Fed's Yellen sees rate hike 'later this year'

Yellen, however, remained cautious, saying she still saw slack in the jobs market, which has been a key factor in how the Fed approaches its first rate hike since 2006.

26 May 2015

Gold sits tight near $1,200 as dollar climbs to one-month high

Gold was stuck in a tight trading range above $1,200 an ounce on Tuesday, as the dollar jumped to a fresh one-month peak against a basket of major currencies on the prospect of higher U.S. interest rates this year.

22 May 2015

US inflation steadies in April

The Fed`s preferred inflation measure, the personal consumption expenditures price index, rose 0.3 percent in March year-over-year, while the core PCE price index was up a modest 1.3 percent.

04 May 2015

Gold snaps three-day losing streak but US rate worries remain

Spot gold ticked up 0.4 percent to $1,183.08 an ounce by 0704 GMT, up from a six-week low of $1,170.20 reached on Friday

Federal Reserve

17 Apr 2015

Fed officials lean all ways on rate hikes, data in focus

Federal Reserve officials on Thursday were again at public odds over when the U.S. central bank should start raising rates, underscoring the difficult task ahead for Fed Chair Janet Yellen as she tries to build consensus for a rate hike sometime later this year.

24 Feb 2015

Fed President John Williams says wouldn't rule out June rate hike

San Francisco Federal Reserve Bank President John Williams said the US central bank needs to keep its options open regarding the possibility of raising interest rates in June, Japanese financial news daily Nikkei reported on Monday.

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