Sentences with phrase «for more rate hikes»

Wall Street closed lower on Thursday, weighed down by news about potential U.S. restrictions on Chinese telecommunications companies, and after the Federal Reserve reaffirmed outlook for more rate hikes.

Federal Reserve Chairman Jerome Powell downplayed recent market volatility and said the Fed is on track for more rate hikes.

The Federal Reserve is expected to give the signal for more rate hikes later this year.

But others were reassured the Fed was not ramping up market expectations for more rate hikes.

The New York Times reports that recently released minutes of January's Federal Reserve meeting show that officials see the strengthening economy as a sign for more rate hikes.

Federal Reserve Chairman Jerome Powell downplayed recent market volatility and said the Fed is on track for more rate hikes.

LONDON, May 3 - World stocks made little progress on Thursday as worries over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes.

The Fed statement was not quite as hawkish as some had expected, though investors said it reaffirmed the outlook for more rate hikes.

Asian shares were subdued on Thursday ahead of anxiously - awaited Sino - US trade talks, while the US dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes this year, Reuters reported.MSCI's broadest index of Asia - Pacific shares outside Japan was all but flat, while South Korean stocks eased 0.31 per cent.

SYDNEY, May 3 (Reuters)- Asian shares slipped on Thursday as hopes waned for real progress in Sino-U.S. trade talks, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for more rate hikes.

Forex dealers said weakness in the dollar against some other currencies overseas, after the US Federal Reserve reaffirmed the outlook for more rate hikes this year, supported the rupee.