economic-growth
Brent falls to another 12-year low on oversupply gloom
January 14, 2016 by creative · Leave a Comment
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell in Asian trade on Thursday, with Brent marking another 12-year low amid gloom over a world awash with supply and concerns about global economic growth hitting equity markets. Brent dropped as far as $29.73, the lowest since February 2004 and down more than 1.5 percent. West Texas Intermediate (WTI) erased
Read the rest here:
Brent falls to another 12-year low on oversupply gloom
economic-growth
Fed to guide on rate hike path with fresh language, forecasts
December 11, 2015 by publisher · Leave a Comment
Federal Reserve Chair Janet Yellen next week has to decide not only whether to raise interest rates for the first time in a decade, but also how to assure markets on the likely path of future rate hikes. The central bank has held short-term borrowing costs near zero for seven years and the last thing policymakers want is for their first rate hike to trigger expectations for future increases that could knock economic growth off track. Traders currently expect…
View original post here:
Fed to guide on rate hike path with fresh language, forecasts