Tag: Monetary policy

Fed set to raise rates as Yellen gives final news conference

WASHINGTON — Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year. ...
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The latest on developments in financial markets (All times local): 11:45...
Investors eye ‘Santa Claus rally;” tax overhaul is wild card

NEW YORK — Is Santa Claus coming to town? Wall Street thinks so, even though stocks have already exceeded most expectations this year. ...
Eurozone recovery fueling jobs but wages and prices lag

LONDON — The buoyant economic recovery across the 19-country eurozone has pushed unemployment down to its lowest level in nearly nine years but has...
South Korea’s central bank hikes key rate from record low

SEOUL, South Korea — South Korea's central bank raised interest rates from a record low Thursday in the first such increase since June 2011....
The Latest: Yellen enjoys warm reception as tenure nears end

WASHINGTON — The Latest on Fed Chair Janet Yellen's testimony to the Joint Economic Committee (all times local): ...
Yellen suggests a continuation of gradual rate hikes

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday that the Fed expects to continue raising interest rates gradually. And she sought to assure...
The Latest: Fed chair nominee Powell’s confirmation hearing

WASHINGTON — The Latest on the Senate confirmation hearing of Jerome Powell, President Donald Trump's nominee for Federal Reserve chairman (all times local): ...
Powell says he favors loosening some bank regulations

WASHINGTON — Jerome Powell, President Donald Trump's pick to be chairman of the Federal Reserve, told senators at his confirmation hearing Tuesday that he...
Powell, in prepared remarks, backs further slow rate hikes

WASHINGTON — Jerome Powell says that if confirmed as the next chairman of the Federal Reserve, he expects the Fed to continue raising interest...

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