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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.

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

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 claims edge up; current account deficit falls

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 

Tokyo stocks drop to lowest since 2014 on global recession fears

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.

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.

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 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.

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.

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.

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.

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.

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

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.

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.

US Fed pressed ahead with plan to raise rates as it debated guidance

The US Federal Reserve pressed ahead at its last policy-setting meeting with plans to begin raising interest rates later this year despite an apparently vigorous debate over how to communicate its intentions.

Tokto stocks open 0.36% higher

Tokyo stocks opened 0.36 percent higher on Monday as the yen stayed weak against the dollar.

Fed confident in US growth outlook, opens door wider to rate hike

The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, dropping a pledge to keep them near zero for a "considerable time" in a show of confidence in the U.S. economy.

US fed funds rate hit highest since April 2013

A key overnight borrowing cost for US banks reached its highest level since April 2013 on Monday after the Federal Reserve raised an interest rate on a test program aimed to hit its rate target when it decides to tighten policy, Fed data showed.

Activists ask Fed chief to focus on people`s struggles

 In a rarity for a US central bank chief, Federal Reserve Chair Janet Yellen met on Friday with activist groups calling for a fairer economic recovery and a more transparent Fed.

Fed likely to end bond buying, may signal caution on rate hikes

The Fed has been struggling for years to get inflation back up to its goal of 2 percent.