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“The Fed has run out of bullets”, says Ted Peters, chairman and CEO of Bluestone Financial Institutions Fund, and a former member of the Philadelphia Federal Reserve Board.

But he said full us employment should be achieved “in the near future” and inflation, while still too low for comfort, should gradually move back to a 2-percent goal.

Over the next month the market’s “fixation is going to shift” away from Fed lift-off talk, he says, and toward figuring out how the US and global economy is doing and what the outlook is for third-quarter corporate earnings.

She cited concerns with market instability in Asian markets like China, where a market shakeup late last month sparked by the country deflating its currency, the yuan, caused acute anxiety with global investors and led some to worry that the United States could fall into another...

US Federal Reserve decided not to immediately hike interest rates, surprising many who had expected to see rate moving up in the world’s top economy after several years.

The buck had traded in a narrow range against most of its rivals during the past week as investors waited for the Fed’s decision, even as many expected the central bank to hold off Thursday, said Mark McCormick, global FX strategist based in New York. However, following the...

The gauge gained 0.4 per cent to 3,098.29 at the 11:30 a.m. local- time break in volumes 47 per cent below the 30-day average.

The use of position limits may be expanded to other contracts if upcoming legislation requires them, the exchange added in a statement. So the Fed needs other tools to influence rates. Markets are also split on what a rate move might mean for markets. He says that the outlook for...

The dollar shrugged off a pair of widely watched economic indicators Tuesday and continued to trade within a tight range against its main rivals as investors waited to see if Federal Reserve policy makers would raise interest rates at their meeting later this week.

While analysts, economists and investors are eagerly waiting to see whether the Federal Reserve raises interest rates after its meeting later this week, Appelbaum drove into the mechanics of how such a rate hike would work in this weekend’s paper.

On the New York Mercantile Exchange, platinum futures for October delivery slid 1.8 percent to $992.40, and palladium futures for December delivery dropped 0.8 percent to $577.15 an ounce.

US Federal Reserve vice-chairman Stanley Fischer joined the European Central Bank vice-president Vitor Constancio and Bank of England governor Mark Carney on Saturday on a panel at the Kansas City Fed’s annual retreat in Jackson Hole, Wyoming, dedicated to discussing...

US gold for December delivery rose half a percent to $1,138.30 an ounce.

Investors will keep a sharp eye on the Labor Department’s monthly jobs report on Friday, which will be the last one before the Fed meets on September 16-17.

While Yao Yudong, head of the People’s Bank of China Research Institute of Finance and Banking, last week blamed the Fed for the market turmoil and said a US hike should be delayed, most central bankers from emerging markets contacted by Reuters said it will be better if...