Tag: interest rates

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  • Federal Reserve Interest Rates

    Fed Officials: December Rate Hike Sounds Like A Good Possibility

      Speaking at a conference in Washington, the Federal Reserve’s Vice Chairman, Stanley Fischer, said that while earlier delays were justified it might be time for a rate increase when the Fed meets in December. He wasn’t the only Fed official to argue for a rate increase on Thursday. New York Fed President William Dudley […]

  • World Stocks Increase

    Stocks Rally Worldwide Thanks To Good U.S. News

    Stock markets around the world rallied Friday following some welcome good news out of the United States. First, last week saw new unemployment claims drop back to a four-decade low. Then, the Labor Department said the core inflation measure was up on the year (although possibly not on track to ease the Federal Reserve’s concerns […]

  • Janet Yellen Interest Rates

    Janet Yellen Says Interest Rates Will Likely Rise By End Of Year

    Federal Reserve Chairwoman Janet Yellen said Thursday that she still expects a long-awaited interest rate hike by the end of 2015. Speaking at the University of Massachusetts at Amherst, Yellen delivered a lengthy address on inflation and monetary policy. The Fed had declined to raise rates when officials met last week in part because of […]

  • Fed Interest Rates

    The Fed Keeps Interest Rates Near Zero

    The Federal Reserve decided Thursday to once again delay an interest rate increase, with Chairwoman Janet Yellen pointing to “heightened uncertainties abroad.” Speculation has increased over recent months that the Fed would finally achieve “liftoff” this week, increasing rates for the first time in almost a decade amid signs of a strengthening American economy. But […]

  • Stanley Fischer Inflation

    Fed No. 2 Stanley Fischer: Rate Hike Should Not Wait For Inflation

    Federal Reserve Vice Chairman Stanley Fischer said Saturday that he thinks inflation will eventually hit the Fed’s 2% target. Fischer made the comments in Jackson Hole, Wyoming, at the annual Economic Symposium hosted by the Federal Reserve Bank of Kansas City. He said “there is good reason to believe that inflation will move higher as […]

  • China Cuts Rates

    China Cuts Interest Rates As Stocks Tumble Yet Again

    The People’s Bank of China cut interest rates by 25 basis points (0.25 percent) on Tuesday after the country’s benchmark Shanghai Composite index fell another 7.6 percent. But in a sign that world markets are adjusting to the bad news in China, stocks elsewhere rebounded. London’s fuse 100 was up 2.9 percent, in what The […]