policy-meeting

Fed turns to Trump agenda with rate hike nearly in the bag

The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank'…

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Fed turns to Trump agenda with rate hike nearly in the bag

policy-meeting

Fed’s Mester says U.S. economic data consistent with higher rates

Cleveland Federal Reserve President Loretta Mester said current U.S. economic data, including the September payrolls report released on Friday, were consistent with the U.S. central bank considering an increase in interest rates. “We have made progress on both (of the Fed's) mandates,” Mester, who dissented with two other Fed officials at the September policy meeting, told reporters after a speech at an event organized by the Manhattan Institute.

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Fed’s Mester says U.S. economic data consistent with higher rates

policy-meeting

Developer of Nintendo’s Pokemon GO aiming for rollout to 200 markets soon

By Makiko Yamazaki TOKYO (Reuters) – The head of the developer behind Nintendo Co Ltd's Pokemon GO said he wanted to launch the smash-hit mobile game in roughly 200 countries and regions “relatively soon” and was working on bolstering server capacity to enable the wider rollout. The game, which marries a classic 20-year old…

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Developer of Nintendo’s Pokemon GO aiming for rollout to 200 markets soon

policy-meeting

Federal Reserve policymakers signal no rush to raise U.S. rates

Three Federal Reserve policymakers on Thursday expressed the view that there was no hurry to raise U.S. interest rates in the wake of the UK decision to leave the European Union, despite signs that the U.S. economy is near full employment. Ahead of the next Fed policy meeting on July 26-27, a core group are now happy to keep interest rates unchanged, potentially for months, whereas just…

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Federal Reserve policymakers signal no rush to raise U.S. rates

policy-meeting

Two Fed bank presidents backed rate hike ahead of last meeting

The heads of two regional Federal Reserve banks supported a rate hike ahead of the Fed's March meeting as an improving economy added to sentiment to tighten monetary policy. The heads of the Richmond and Kansas City Fed branches supported a quarter point hike in the main lending rates for banks “in light of continued improvements in labor market conditions and expectations that inflation would rise,” according to …

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Two Fed bank presidents backed rate hike ahead of last meeting