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Donald Trump`s victory challenges Fed policy, independence

Donald Trump`s victory challenges Fed policy, independence

Donald Trump`s surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank`s vital operational independence over the longer term.

US economy accelerates to 2.9 percent, hits fastest pace in two years as election looms

US economy accelerates to 2.9 percent, hits fastest pace in two years as election looms

US economic growth accelerated to a 2.9 percent annual rate in the third quarter boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday.

Fed's primal divide: Is economy overheating or stuck in a rut?

Fed's primal divide: Is economy overheating or stuck in a rut?

Investors may be expecting a US interest rate increase in December, but Federal Reserve policymakers remain divided over whether the economy is mired in a rut, strong enough to withstand an immediate hike or hovering somewhere in between.

Equity markets resume upward trend on global cues

Equity markets resume upward trend on global cues

Positive global and domestic cues marginally lifted the Indian equity markets during the week ended Friday.

Rupee pares early losses to rule stable at 66.66 vs USD

Rupee pares early losses to rule stable at 66.66 vs USD

The rupee pared its early losses to rule steady at its overnight levels of 66.66 against the American currency in late morning deals bouts of dollar selling from banks and exporters.

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.

World stocks hit one-year highs as Fed hike prospects fade

World stocks hit one-year highs as Fed hike prospects fade

 World stocks hit their highest in more than a year and the dollar fell against the yen on Wednesday as expectations of a rise in Federal Reserve interest rates receded after weak US economic data.

Asian stocks hit 1-year high as soft US data quells Fed hike talk

Asian stocks hit 1-year high as soft US data quells Fed hike talk

The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services sector activity dashed already slim chances of an interest rate hike by the Federal Reserve as early as this month.

Most Asian markets slump, Tokyo soars on US rate talk

Most Asian markets slump, Tokyo soars on US rate talk

Japanese stocks rallied on a weaker yen but other Asian markets retreated Monday after Federal Reserve chief Janet Yellen hinted at a US interest rate hike by the end of the year.

 

 Fed close to hitting job and inflation targets: Stanley Fischer

Fed close to hitting job and inflation targets: Stanley Fischer

The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed`s No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.

World stocks hit 1-year high as US data saps dollar, bond yields

World stocks hit 1-year high as US data saps dollar, bond yields

World stocks hit a new one-year high on Wednesday, while the dollar and benchmark government bond yields sank and precious metals rose after weak US productivity data again pushed back expectations of a Federal Reserve rate hike.

Asian shares edge up as soft U.S. GDP cuts Fed rate hike bets

Asian shares ticked up slightly on Monday after disappointing U.S. economic growth data reduced expectations of a rate hike by the U.S. Federal Reserve in the next few months.

Fed leaves rates unchanged but says US economy improving

The Federal Reserve on Wednesday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.

Policy makers had not been expected to raise rates, out of concern that a hike could stifle fragile growth. 

Asia markets move cautiously ahead of bank meetings

Tokyo stocks sank on a strong yen as traders await central bank meetings in Japan and the United States this week, while other Asian markets fluctuated following a negative lead from Wall Street.

US retail sales, industrial output data buoy economic outlook

US retail sales, industrial output data buoy economic outlook

US retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, reinforcing views that economic growth picked up in the second quarter.

Fed keeps interest rate steady as Brexit vote looms

Fed keeps interest rate steady as Brexit vote looms

The Federal Reserve held its key interest rate unchanged Wednesday, in part due to concerns about the disruption Britain`s looming Brexit vote could have on global markets.

Dollar dips vs yen as Yellen dampens rate hike signal

Less than two weeks ago Yellen said that the US economy was improving enough to support a hike "probably in the coming months."

Pro-Brexit vote could have significant economic repercussions: Janet Yellen

Pro-Brexit vote could have significant economic repercussions: Janet Yellen

Warning of the fallout on markets, Federal Reserve Chair Janet Yellen said on Monday that the global economy if Britain votes to leave the European Union in the June 23 Brexit referendum.

US hiring stalls in May; Fed rate hike in question

The Labor Department said Friday that the US economy generated a paltry 38,000 net new positions in May.

Dollar tumbles on dismal US jobs report

The dollar lost 2.0 percent to $1.1364 per euro, and fell 2.1 percent to 106.63 yen.