The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after Federal Reserve Chair Janet Yellen's remarks failed to toss a lifebuoy to the recently foundering greenback.
Federal Reserve Chair Janet Yellen is signaling her belief that the U.S. economy is improving but remains defined by so many uncertainties that it's unclear when the Fed should resume raising interest rates.
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday as it continues to monitor the impact from weakening global growth but may seek to signal to markets it is determined to resume policy tighten
Earlier, when Ben Bernanke was the Fed chair, Rajan was often critical of the policies that drove waves of capital into and out of emerging economies -- many of whom were often unable to deal with its impact on factors such a
The US Federal Reserve is raising interest rates after 7 years of record lows. But it's signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises. Below is the s
The US Federal Reserve today announced to increase the key interest rates by a quarter point, ending an extraordinary seven-year-long period of easy money and near-zero rates in the world's biggest economy.
The US central bank, the Federal Reserve began a two-day crucial meeting amid widespread speculation that it would raise interest rates for the first time in nearly a decade - Janet Yellen is the Chair of the Board of Governo
Emerging market companies with debt in dollars and revenue in sinking local currencies could struggle as the U.S. Federal Reserve begins what is expected to be a series of interest rate increases after years of easy money pol
Gold hit a near-six-year low on Thursday, as the dollar soared after Federal Reserve chair Janet Yellen hinted at a U.S. rate hike later this month and investors nervously awaited the European Central Bank's policy decision l
Yellen described the U.S. economy as ''performing well'' right now, with solid growth in domestic spending. At their meeting last week, policymakers believed that the threat of global headwinds had ebbed, Yellen said.
As the US Federal Reserve's chief communicator, Chair Janet Yellen is under building pressure among her colleagues and global investors to clarify where the world's biggest central bank is heading and how it is making its dec