The US Federal Reserve left interest rates unchanged on Wednesday but strongly signalled it could still tighten monetary policy by the end of this year as the labour market improved further.
A rare run of outperformance by U.S. bank shares appears to have hit a wall as a spate of soft readings on the economy have tempered bets that the Federal Reserve might raise rates soon.
U.S. stocks ended sharply lower on Friday, as investors became cautious amid comments by U.S. Federal Reserve officials and concerned that the central bank might hike interest rate this month.
World shares saw their biggest jump in over a month on Monday and the dollar slipped, after weaker-than-expected U.S. jobs figures gave investors another excuse to push back Federal Reserve interest rate rise expectations.
The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month.
U.S. stocks ended lower after wavering in a tight range Friday, as investors kept cautious amid hawkish remarks on rate hikes from Federal Reserve officials.
Federal Reserve policymakers agree that more economic data is needed before raising interest rates, although some see a need to tighten policy soon, according to the minutes from the US central bank's July 26-27 policy meeting.
Uncertainty from the U.S. presidential election could prompt the Federal Reserve to delay hiking interest rates until after the election, U.S. experts have said.
The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the US economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.
Three Federal Reserve policymakers on Thursday expressed the view that there was no hurry to raise U.S. interest rates in the wake of the UK decision to leave the European Union, despite signs that the U.S. economy is near full employment.
St. Louis Federal Reserve President James Bullard said on Monday that global markets seemed to be well-prepared for possible rate hike in the United States amid growing expectations for the Federal Reserve's rate increase as early as in June.
When senior officials from Washington and Beijing meet next month to discuss a series of thorny issues, China might also try to seek clearer clues on the US Federal Reserve’s next move, analysts said.
Even before last week’s publication of the minutes of the US Federal Reserve’s April policy meeting which revealed that most policymakers felt it would be “appropriate” to raise interest rates next month, provided economic data remain favourable, investor sentiment towards emerging markets (EMs) was beginning to deteriorate.
A U.S. Federal Reserve policymaker said on Tuesday that he will push for an interest rate hike in June or July and two others still see up to three rate increases this year, leaving the door open to a change in monetary policy relatively soon.
The U.S. Federal Reserve on Wednesday kept its benchmark short-term interest rate unchanged for a third meeting in a row while offering little clue on the timing of its next rate hike.
China has more wiggle room to maneuver macroeconomic policy and manage exchange rates as U.S. Federal Reserve signaled slower pace of interest rate hikes this year, U.S. experts say.
The U.S. Federal Reserve sent markets spinning on a new round of rate hike speculations Wednesday after the central bank left rates unchanged. Many analysts believe volatility could rise in financial markets hereafter.