Federal Reserve

Watching inflation closely but economy is strong, says US Fed’s Yellen

The US economy remains strong and the strength of the labour market calls for continued gradual increases in interest rates…

WTO upgrades trade forecast for 2017 on resurgent Asian flows

The World Trade Organization (WTO) on Thursday revised upward its forecast for global trade growth in 2017 to 3.6 percent,…

Don’t wait for inflation to rise before hiking rates, Fed’s Mester warns

The Federal Reserve shouldn't wait until it reaches its economic goals before starting to tighten monetary policy, Cleveland Fed President…

Fed’s Stanley Fischer stepping down on ‘personal reasons’

Stanley Fischer is stepping down as vice chairman of the Federal Reserve, creating another opening at the central bank for…

Two most powerful central bankers deliver back-to-back warnings

The world’s two most powerful central bankers Friday delivered back-to-back warnings against dismantling tough post-crisis financial rules that the Trump…

Financial rules have made economy stronger, changes should be ‘modest’, says Fed Chair

Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and…

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