U.S. jobs recovery suffers setback in March
U.S. employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy.
The report was se
Federal Reserve tones down talk of more stimulus
Federal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves.
Minutes of the central bank's meeting published on Tuesday s
Gold extends losses as U.S. stimulus hopes fade
Gold edged lower on Wednesday, extending a nearly 2 per cent tumble in the previous session, as the minutes of the U.S. Federal Reserve's last policy meeting showed diminishing appetite for further mo
Bernanke: Far too early to call victory in recovery
Federal Reserve chairman Ben Bernanke said on Tuesday it is too soon to declare victory in the U.S. economic recovery, warning against complacency in policymaking as the outlook brightens.
"We haven'
Dollar weak on murky US economic data
The dollar moved narrowly against the yen and euro in Asia on Monday amid a mixed bag of US data that failed to give a clear picture of the health of the world's biggest economy.
The dollar fetched 8
Fed nods to better economy, mum on next move
The U.S. Federal Reserve on Tuesday provided few clues on the prospects for further monetary easing, offering just a slight upgrade to its economic outlook while restating concerns about the high leve
Asian shares pause after U.S. jobs, monetary policy in focus
Asian shares fell on Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while uncert
Asian markets cheered by Fed rate outlook
Asian shares and the euro firmed on Thursday after the U.S. Federal Reserve said it would keep interest rates low for a longer-than-expected period, providing ample liquidity to help spur growth.
Equ
Fed to publish rate path forecasts in new transparency move
The U.S. Federal Reserve on Tuesday said it would begin publishing forecasts on the path of interest rates later this month, a move that could suggest rates will be on hold for longer than previously
Fed to embrace global banking rules: report
The US Federal Reserve is expected to embrace a new global framework that requires giant financial institutions to hold extra capital, The Wall Street Journal reported on Monday.
Citing unnamed peop