Business Highlights
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Asian shares mixed as markets mull Fed, geopolitical risk
U.S. stocks are giving back some of their recent gains as the market slumps Wednesday morning.
Fed in March discussed 'slightly steeper' future rate hikes
Federal Reserve officials at their March meeting, the first under new Chairman Jerome Powell, decided to stick with a gradual approach to rate hikes.
Fed wary of trade war, says tax cuts a 'significant boost'
Policy makers believe inflation will move closer to the 2% target.
Federal Reserve proposes new capital rules for banks
The Federal Reserve is prosing new rules regarding how much capital a bank must hold as a cushion.
Iran seeks to pin rial to the dollar as it hits record low
Iran is moving to enforce a single exchange rate to the dollar, banning all unregulated trading after the country's currency, the rial, hit an all-time low.
Economy in 'good shape;' inflation remains a risk: Plosser
“We have all this quantitative easing we did – $2.5 trillion or so of excess reserves in the banking system that just sits there,” the former Philly Fed president said.
Fed's Evans says he is optimistic on inflation, wants rate hikes
The Fed next meets to set policy in June, by which time the Fed will have more inflation data in hand.
Fed's Evans says he's optimistic on inflation, wants rate hikes
The Fed next meets to set policy in June.
Powell says Fed expects to stick with gradual rate hikes
Federal Reserve Chairman Jerome Powell is painting a mostly sunny view of the U.S. economy and saying the Fed remains committed to raising its key interest rate gradually.
Fed’s Powell says rate hikes needed to keep US economy growing
Powell reiterated his view that the U.S. economy is strong, despite sluggish wage growth and inflation that remains below the Fed’s 2% objective.
Yellen gets post-Fed payday in private meetings with Wall St. elite
Former Fed Chair Janet Yellen spoke at her first private engagement since leaving the Fed.
Williams picked as next president of New York Fed
John Williams, currently head of the Federal Reserve's regional bank in San Francisco, has been selected to be the next president of the Fed's New York regional bank, considered the most influential position among the central bank's 12 regional banks.
John Williams tapped to head New York Fed
Williams is set to assume the second most influential position with the U.S. central banking system.
San Francisco Fed's John Williams is front runner to serve as New York Fed president
Mr. Williams has been recommended by the New York Fed's board for the position. If approved by the Washington-based Fed board of governors, Mr. Williams would succeed William Dudley, who plans to step down this summer.
Asian shares slump on fears of trade war between US, China
Stocks are sinking and bond prices are climbing as trade tensions between the U.S. and China rise.
The Latest: Pound stays strong after UK rate hike hint
The Latest on the Bank of England's monetary policy meeting (all times local): 12:05 p.m.
Global stocks slide amid trade tensions, Fed rate hike
Shares were mixed in Asia on Thursday after U.S. stock indexes finished with small losses following the Federal Reserve's interest rate hike.
Fed raises key rate and foresees 2 more hikes this year
The Federal Reserve is raising its benchmark interest rate and signaling that it is sticking with a gradual approach to rate hikes under its new chairman, Jerome Powell.
Fed will hike rates four times in 2018: economist
Another expert said Jerome Powell was cautiously hawkish.















