The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.» Read More
The unrelenting rise in oil prices has put Federal Reserve Chairman Ben Bernanke in the precarious position of trying to talk down inflation without raising interest rates.
The U.S. Federal Reserve cannot lower interest rates at the moment, given high oil prices and the spectre of inflation, John Lonski, chief economist at Moody's rating agency, told La Repubblica newspaper.
The Federal Reserve and Securities Exchange Commission (SEC) are finalising an agreement to start the process of redrawing how Wall Street is regulated, the Wall Street Journal said on its website on Sunday.
The dollar fell broadly Friday, dragged down by a surge in oil prices and more tough inflation comments from a European Central Bank official that raised the specter of rate hikes in the euro zone beyond July.
The Fed's recent tough talk on inflation has pushed up some longer-term interest rates, hitting the economy in one of its tenderest spots— housing.
The dollar rose Thursday, buoyed by a sharp drop in crude oil prices and a decision by the Swiss National Bank to keep interest rates steady despite record-high inflation.
The U.S. dollar edged lower Wednesday as investors adjusted their interest rate outlooks for the United States and the euro zoney
The dollar fell against the euro after U.S. housing starts plunged to their lowest level in more than 17 years in May, reducing the chance of an early Federal Reserve interest rate increase.
The U.S. Federal Reserve does not appear to see a compelling case for raising interest rates before autumn unless the inflation outlook deteriorates considerably, the Wall Street Journal said on Tuesday.
The Federal Reserve can keep interest rates on hold for the moment but should not repeat past mistakes by leaving them too low for too long, a top Fed policy-maker said Monday.
The dollar fell versus the euro on Monday, snapping a three-day winning streak, as a jump in euro-zone annual inflation to a record high sealed the case for a European Central Bank interest rate hike next month.
U.S. health care costs are likely to claim a bigger share of household spending in years to come, pressuring the government to absorb more health care costs, Federal Reserve Chairman Ben Bernanke said.
A gauge of manufacturing in New York state contracted in June for the fourth time in five months, the New York Federal Reserve said in a report on Monday that also painted a mixed picture on inflation.
The dollar jumped against the euro on Friday and notched up its best week against a basket of currencies since 2005 as mounting inflation fears had investors bracing for Federal Reserve interest rate hikes this year.
The euro was on track for its worst week versus the dollar in three years Thursday, hurt by tempered expectations of euro zone interest rate hikes even as positive retail data bolstered U.S. rate hike expectations.
The inflation outlook for 2008 in the U.S., Japan, euro zone and the UK rose again in June, triggering big revisions to economists' interest rate forecasts, Reuters polls showed on Thursday.
The dollar fell against the euro and yen Wednesday with investors debating the relative outlook for interest rates in the United States and Europe given the rhetoric of various central bank officials in recent days.
The Federal Reserve hopes tough talk on inflation will do the job of moderating price increases, giving it room to avoid raising interest rates.
The dollar rose to a 3-1/2-month high against the yen on Tuesday after Federal Reserve Chairman Ben Bernanke raised his anti-inflationary language, stoking expectations for U.S. interest rate hikes.
World stocks hit their lowest in almost two months, major government bonds tumbled and the dollar jumped after the Fed chief fired another warning on inflation.