Federal Reserve

Who could replace Janet Yellen as Fed chair?

US president Donald Trump is expected to name the new chair of the US central bank before he departs for his 12-day…

Senate paves the way for Trump’s tax overhaul

The US Senate voted last night night to pass a budget resolution that would protect a $1.5trn tax cut from…

Timeline: How the Fed built up its $4.2trn balance sheet

The dollar extended gains against most major currencies after the Federal Reserve announced plans to raise rates and unwind its…

US Federal Reserve decision: Yellen likely to keep interest rates on hold

Investors are gearing up for a policy decision from the US Federal Reserve later today, and its likely interest rates…

The Fed hints at further interest rate rises, signalling continued US economic growth

US Federal Reserve chair Janet Yellen has suggested the central bank will continue to gradually increase interest rates over the…

US jobs up but wage growth remains stagnant

US employment was up by more than Wall Street economists had expected last month, Labor Department figures published on Friday…

It’s not just the UK: the US has a credit problem as well and the Fed is poking it with a stick

Despite the strength of the US economy, Americans are increasingly reliant on credit cards to stretch their finances. With debt becoming more…

US-China meeting overshadowed; Markets await US non-farm payrolls data; Saudi Arabia’s first international sukuk

These three things will have an impact on the wider world. 1. US-China talks overshadowed by Syria attack Talks between…

Could bitcoin’s value really triple in 2017?

Bitcoin’s value could reach as high as $2,100 in 2017, according to Saxo Bank's speculative report titled Outrageous Predictions for…

Dutch voters head to the polls; Fed expected to raise rates; German draft budget

These three things will change the world today. 1. Will the Dutch elections be a win for far-right populism? The first…