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The logo of the International Monetary Fund (IMF) is seen in this June 14, 2013 file photo at IMF headquarters in Washington DC. (AFP)
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U.S. Federal Reserve Chairwoman Janet Yellen/Reuters
Federal Reserve Chairwoman: U.S. Commercial Budget Deficit Exceeds USD500 Billion
Washington- The Federal Reserve Chairwoman Janet Yellen on Tuesday left open the possibility of an interest-rate increase in 2017. She affirmed that the Fed is addressing some fiscal policies to tackle the budget deficit in the United States. In her semi-annual...Caption:
Demonstrators gather near Trump Tower in New York. REUTERS/Shannon Stapleton
What Trump Means for Interest Rates
For more than two years, markets have priced in a lot less monetary tightening than was signaled by the Federal Reserve’s “blue dots,” which represent the expectations of individual members of the Open Market Committee for the future path of interest rates. The...Caption:
The seal of the Federal Reserve. MANDEL NGAN/AFP/Getty Images
How the Fed Turns Good News Into Bad
Pop quiz! Are these events good news or bad news for the Federal Reserve? • China announces plans to build a lot more steel plants. • New innovation makes it possible to extract oil and natural gas more cheaply. • Robotics enhancements allow manufacturers to produce...Caption:
Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, in this picture illustration taken January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo