LONDON, March 19 - Gold touched its lowest in more than two weeks on Monday as markets remained nervous ahead of
a U.S. central bank meeting that could raise interest rates and signal three more increases this year.
Not exact matches
NEW YORK, May 2 - The
U.S. dollar held below 3 - 1 / 2 - month highs on Wednesday as investors awaited the outcome of a Federal Reserve
meeting for indications on the
U.S. central banks future interest rate path.
In Germany, the European
Central Bank (ECB) is scheduled to host its next Governing Council
meeting, which will see a rate decision before the
U.S. open.
Fed Chair Janet Yellen said last month that the
U.S. central bank was getting closer to raising interest rates, possibly as early as September, saying that the Fed sees the economy as close to
meeting its goals of maximum employment and stable prices.
On Wednesday, the Federal Reserve will release the minutes from its mid-March
meeting, where the
U.S. central bank opted to leave interest rates unchanged while hinting that future hikes could come later this year.
The
U.S. central bank has been itching to raise interest rates, and the market was forecasting as of 5 p.m. last night that there was an 82 % chance that they would at their December
meeting.
In its minutes from the
central bank's July
meeting, released Wednesday, Fed officials expressed concern that China's slowdown could pose risks to the
U.S. economy.
The
U.S. central bank is scheduled to issue its latest policy statement and updated economic projections following a two - day
meeting at 2 p.m. EDT.
Meanwhile Stateside, the Federal Reserve will continue its two - day policy
meeting, with investors largely expecting the
Central Bank to hold interest rates steady, and
U.S. President Donald Trump will
meet with visiting Palestinian Authority President Mahmoud Abbas.
The
U.S. central bank's monetary - policy committee raised benchmark borrowing costs by a quarter percentage point to a range of 1.5 % to 1.75 %, in Jerome Powell's first
meeting as Fed chairman.
A two - day Federal Reserve policy
meeting ended Wednesday with no change in rates, as expected, while the
U.S. central bank said inflation had «moved close» to its target, leaving it on track to raise borrowing costs in June.
NEW YORK (Reuters)- The Federal Reserve will not raise interest rates when it
meets this week, but the
U.S. central bank will include «hawkish no - hike language,» Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Monday.
The next cab off the rank is next month's
U.S. Federal Reserve
meeting — when we expect the
central bank to raise interest rates for the first time in almost a decade.
WASHINGTON (MarketWatch)-- The Federal Reserve will hold policy steady at the end of its two - day
meeting today but is likely more comfortable with a plan to raise interest rates in September than investors now realize, according to a keen outside observer of the
U.S. central bank.
The timing of Bernanke's easing raises the stakes for the Fed's four remaining policy
meetings this year as investors focus on whether the
central bank will provide stimulus for 2013 to help the economy overcome the impact of the fiscal tightening due to take hold in January, said Vincent Reinhart, chief
U.S. economist at Morgan Stanley.
Though he wouldn't reveal the names of most of the
central banks with which he's
meeting, he described them as largely comprised of
banks from the G20, an international forum with members including China, Russia, the
U.S. and the EU.
In a policy statement after a two - day
meeting, the
central bank acknowledged hints of strength in the
U.S. housing market, but reiterated a pledge to continue supporting growth even as the recovery picks up.
Asian stock markets were mixed Monday amid uncertainty about the outcome of a
central bank meeting in Japan and nervousness over whether
U.S. political leaders will be able to reach a deal on the government's debt limit.
On the
central bank front, the Federal Open Market Committee (FOMC) is set to begin the second day of its two - day
meeting on Wednesday, where the
U.S. central bank is expected to continue to examine the state of the
U.S. economy, and talk about what they should do next when it comes to strategy, their balance sheet and interest rates.
Global stock markets turned cautious Monday as investors waited for the
U.S. Federal Reserve's monthly
meeting for clues on when the
central bank will start reducing its monetary stimulus.
The Federal Reserve
Bank of Philadelphia President, Patrick Harker, said that the U.S. central bank's meeting on March 14 & 15 looks like the opportune time for an incre
Bank of Philadelphia President, Patrick Harker, said that the
U.S. central bank's meeting on March 14 & 15 looks like the opportune time for an incre
bank's
meeting on March 14 & 15 looks like the opportune time for an increase.
Fed Chairman Ben Bernanke signaled after the Fed's last
meeting at the end of April that the
U.S. central bank is in no hurry to reverse its massive support for the modest
U.S. economic recovery in which unemployment remains above what Fed officials believe is the norm.