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US Fed Raises Benchmark Interest Rate

US Fed Raises Benchmark Interest Rate

Washington- The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, amid rising inflation, the second increase since President Donald Trump’s election and only the third in a decade. But Fed Chair Janet Yellen said policymakers...
Why this Dollar Surge is Different for the Fed

Why this Dollar Surge is Different for the Fed

The dollar has returned to highs it last reached nine months ago. The drivers of this increase are similar to those that caused the currency to surge earlier this year. Yet, this time, the impact on financial markets has been quite different. And if this persists, the...