US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.
In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.
Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".
Policymakers at the US central bank, the Federal Reserve, started a two day meeting on Tuesday. A majority of economists expect its benchmark main interest rate to be left unchanged.
US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.
Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.
US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.
Improvements in the labour market and expectations for solid economic growth have strengthened the case for a US interest rate hike.
Financial markets are focused on Federal Reserve chief Janet Yellen's speech on Friday at the annual central bankers gathering in Jackson Hole, Wyoming.
Money markets and investors world wide are waiting with bated breath for the UK’s decision next week on its future, in or out, of the European Union.
The Federal Reserve is deep in a policy meeting with the unlikelihood of an interest rate rise coming anytime soon.
One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.
Minutes from the latest meeting of Federal Reserve's policymakers reveal they feel the US economy could be ready for an interest rate increase as early as June.
The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling
Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.
The US Federal reserve has left interest rates unchanged, but says that moderate growth and what it called “strong job gains” means it will be able
Federal Reserve policymakers are meeting and considering what to do about US interest rates amid weaker retail sales.
The Federal Reserve has left interest rates unchanged and will "closely monitoring" global economic and financial developments.
On the season finale of Business Middle East we summarise a volatile year and discuss the 2016 forecast for global and MENA markets with Nour Eldeen
It’s seen as a hugely important step on the road to global economic recovery. The Federal Reserve’s first interest rate rise since the financial
European shares surged on Thursday following the US Federal Reserve’s interest rate rise, as investors took the move as a sign of confidence in the
European shares surged in early trading on Thursday on news of the Fed’s decision. The European FTSEurofirst 300 index was up 1.8 percent by just
Investors have chosen to take the historic hike in US interest rates as a sign of confidence in the world’s largest economy. Asian stock markets
Markets have been positive in the run-up to the long-awaited interest rate decision by the US Federal Reserve. The US central bank is widely tipped
The Federal Reserve, the US central bank, is poised to announce it will raise interest rates for the first time since 2006. This announcement is seen
The Federal Reserve’s two-day meeting to set interest rates that could see the first rise since before the financial crisis ends on Wednesday. An
In this week’s Business Middle East we take a look at global markets’ performance ahead of the US interest rate decision. With the countdown underway