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“For emerging-market central bankers, the Fed has given them some much-needed breathing room”, Jonathan Lewis, a principal at New York-based Samson Capital Advisors LLC, said.

The lower CPI could lead to the Federal Reserve deciding to not raise interest rates this month.

Campaigning will have to wait for Chelsea Clinton. It’ll follow a fundraising event in Cape Elizabeth.

Following the conclusion of a closely watched meeting, the Federal Reserve is keeping interest rates at record lows, citing a weak global economy, low inflation and instability in financial markets, APA reports quoting Reuters.

He blamed the “lawlessness” of the Obama administration for not prosecuting the former Secretary of State. It’ll follow a fundraising event in Cape Elizabeth.

The dollar was around 0.1% higher against Japan’s yen, at Yen120.55.

The USA dollar traded a touch higher against major world currencies, with the euro below $1.14 and the yen at 119.8 yen against the greenback. Investors are concerned with when the interest rate hike could come, as it will be the first in almost a decade following the Great...

The dollar extended its losses against other major currencies on Friday, underscoring investors’ wariness over weakness in the global economy and markets given the Federal Reserve’s decision to keep interest rates unchanged. “Unequivocally, the Fed was on the...

The inflation calculated on Wholesale Price Index (WPI) during August continued to remain in negative territory for the tenth month in a row, while the one measured on Consumer Price Index (CPI) has touched a new low.

Alibaba, of course, disagreed, and on Sunday followed with a lengthy response, going through Laing’s argument on an nearly point-by-point basis, adding that the story, “lacks three key ingredients – integrity, professionalism, and fair play”. Banking on...

The campaign says her focus is on grassroots organizing and fundraising, an approach that contrasts with rival Bernie Sanders, who is filling large arenas for rallies.

Households bracing themselves for an imminent interest rate rise were given hope of a reprieve today when a Bank of England official said rates may have to be cut even further to stoke up the United Kingdom economy.

The unemployment barometer would continue to worsen, peaking at 10.5 percent in October 2009 – and languishing in that vicinity until December 2010 – before starting a snail’s pace trend downward. It is down from 6 % in Jul. He stated the speed dropped as...

BANK OF JAPAN: Japan’s central bank decided to not change its policy calling for 80 trillion yen ($666 billion) in annual asset purchases by the central bank, to help spur inflation and stimulate growth. But Kuroda did not give any clue on the possibility of further easing,...

The Federal Reserve’s decision to leave interest rates unchanged as well as its dovish tone are signs that it is time for investors to dump the US dollar in favor of emerging-markets currencies, according to one of Citigroup’s top currency strategists.