April 2016

Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, D.C

Federal Reserve Leaves Rates Unchanged

Federal Reserve policy makers left open the door to raising interest rates in June by tacitly nodding to improvement in global financial markets and downplaying…

A shopper browses inside a Wesfarmers Ltd. Coles supermarket in Perth, Australia. Photographer: Sergio Dionisio

Australian Inflation Falls to -0.2% in Q1

Australian dollar rattled by inflation report as headline prices unexpectedly fell last quarter. The consumer price index which measures inflation rate contracted 0.2 percent quarter-on-quarter,…