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Fed's Yellen warns against delaying interest rate hikes, speaks of 'uncertainty' over US fiscal policy

The US central bank is previewing interest rate rises, with Fed Chair Janet Yellen warning it is "unwise" to wait too long.

14/02/2017

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It's not easy running a central bank in these strange political times

Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.

21/12/2016

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US Federal Reserve raises interest rates for second time in a decade

The US Federal Reserve has raised interest rates the first time this year and the second time in a decade.

14/12/2016

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Federal Reserve meets, interest rate hike expected

The Federal Reserve's policy meeting is expected to end with a 0.25 percent interest rate rise, but all eyes are on Donald Trump to see how he reacts.

13/12/2016

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US Q3 GDP growth beats estimates

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

29/11/2016

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Oil falls again, dragging down dollar

The oil price continues to fall on doubts OPEC will agree production cuts.

28/11/2016

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Dollar muscles ahead, strongest since 2003 against basket of currencies

The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan.

18/11/2016

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Federal Reserve head Janet Yellen hints at US interest rate hike in December

Fed Chair Janet Yellen says Donald Trump's election has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon".

17/11/2016

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Federal Reserve keeps borrowing costs unchanged

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

02/11/2016

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No US interest rate rise expected from Federal Reserve this month

The US Federal Reserve's latest policy meeting is expected to keep interest rates unchanged but set the stage for a hike in December.

01/11/2016

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Exports boost US economic growth

The US economy grew at its fastest pace in two years in the third quarter - up 2.9 percent - helped by a surge in exports.

28/10/2016

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Rising US inflation makes December interest rate hike more likely

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.

18/10/2016

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Clinton vs Trump - Round One

In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.

28/09/2016

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Yellen defends Federal Reserve against Trump bias accusations

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".

22/09/2016

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Federal Reserve policy meeting starts - interest rate hike not expected

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.

20/09/2016

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Eight years on - the collapse of Lehman Brothers

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.

15/09/2016

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European markets hit by worries over US rate hike timing

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.

12/09/2016

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US job growth slows in August

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.

02/09/2016

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Case for US interest rate hike strengthens, says Fed's Yellen

Improvements in the labour market and expectations for solid economic growth have strengthened the case for a US interest rate hike.

26/08/2016

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Investors await Federal Reserve Chair Janet Yellen's interest rate thoughts

Financial markets are focused on Federal Reserve chief Janet Yellen's speech on Friday at the annual central bankers gathering in Jackson Hole, Wyoming.

25/08/2016