[WASHINGTON] The US central bank on Tuesday opened a two-day policy meeting that markets overwhelmingly expect will produce the second interest rate hike of the year.

[FRANKFURT] Tightening policy by a notch just one day apart, the world’s top two central banks will hope to signal confidence in global economic growth, despite risks of a trade war, currency swings...

[WASHINGTON] US household wealth topped the US$100 trillion mark for the first time ever in the first quarter of 2018, the US Federal Reserve said on Thursday.

[WASHINGTON] The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labour market conditions.

TRADE uncertainties continue to cast a shadow on US businesses, but firms remain largely upbeat even amid a labour shortage that has forced more to raise wages, the Federal Reserve survey said...

[WASHINGTON] Trade uncertainties continue to cast a shadow on US businesses, but firms remain largely upbeat even amid a labour shortage that has forced more to raise wages, the Federal Reserve...

[NEW YORK] The Federal Reserve took a first step on Wednesday to soften a key rule enacted after the 2008 financial crisis to limit high-risk trading by banks.

[WASHINGTON] US central bankers are likely to raise the key interest rate "soon," the Federal Reserve said Wednesday, a clear signal of a rate hike coming next month, as financial markets...

FEDERAL Reserve chair Jerome Powell's top deputies are edging towards a clash that could shape the pace of interest rate hikes in the coming months, as well as how the Fed should prepare for and...