Fed Defends Gradual Interest Rate Policy The Federal Reserve on Friday defended its policy of raising interest rates despite Trump’s criticism of higher borrowing costs. Jerome Powell,...
US-China Trade War Hits $100bn in Goods From iconic Harley Davidson motorcycles and American bourbon to machinery and computer processors, the world’s two largest economies have...
Dollar Dented by Trump’s Fed Comments The dollar fell versus the euro and pound Tuesday after US President Donald Trump hit out at the Federal Reserve’s...
Trump Demands Fed Help on Economy, Complains About Interest Rate Rises U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve...
Job Creation Slows in U.S in July Businesses in the world’s largest economy U.S. created fewer jobs than expected last month as new job creation in...
U.S. Economy Expands on Strong Consumer Spending in Q2 The U.S economy expanded at the fastest rate in almost four years in the second quarter as...
Dollar Falls Broadly on Trump’s Currency Comments The dollar slumped against the yen and other major peers on Monday after U.S. President Donald Trump expressed discomfort...
Fed Sees Gradual Rate Hikes Federal Reserve Chairman Jerome Powell on Tuesday said the apex bank will stick to its gradual interest rate hike “for now”...
US Retail Sales Boost Economic Outlook Consumer spending surged in June as households increased spending on automobiles and a range of other items, supporting economists’ projection for broad...
Dollar Pauses Near Six-month Top Ahead of Big Economic Indicators Major currencies held around recent ranges on Monday thanks to a lull in China-U.S. trade skirmishing...