jason-lange

Germany’s economy minister: U.S.-EU free trade talks have failed

Germany's Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed. “Things are not moving on that front,” said Gabriel, who is also Germany's vice chancellor. The U.S.

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Germany’s economy minister: U.S.-EU free trade talks have failed

jason-lange

As Fed nears rate hikes, policymakers plan for ‘brave new world’

By Jason Lange and Ann Saphir JACKSON HOLE, Wyo. (Reuters) – Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market “has strengthened” the case for the first rate increase since

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As Fed nears rate hikes, policymakers plan for ‘brave new world’

jason-lange

Fed keeps interest rates unchanged, signals fewer future hikes

By Jason Lange and Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. Only one Fed policymaker had done so when economic forecasts were last issued in March. A sharp slowdown in U.S. hiring in

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Fed keeps interest rates unchanged, signals fewer future hikes

jason-lange

U.S. workforce growth may give Fed one more reason to go slow on rates

By Jason Lange RALEIGH, N.C. (Reuters) – Americans with a high school education or less are returning to the labor force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle. The Federal Reserve meets this week and is expected

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U.S. workforce growth may give Fed one more reason to go slow on rates

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

One of the U.S. Federal Reserve's most prominent advocates of higher interest rates on Wednesday declared it “unwise” to move any further in light of weak inflation and global volatility, suggesting the Fed is stepping further away from plans to continue to hike rates. St. Louis Fed President James Bullard argued steadily last year for the U.S. central bank to tighten policy and sounded alarms over the risk that continued low…

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

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Global downturn spurred Fed to consider changing rate path: minutes

By Jason Lange and Lindsay Dunsmuir WASHINGTON (Reuters) – Federal Reserve policymakers worried last month that a global slowdown and financial market selloff could hurt the U.S. economy and considered changing the central bank's planned interest rate hike path for 2016. Although most of the policymakers still expected to raise rates this year and even discussed a

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Global downturn spurred Fed to consider changing rate path: minutes

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Crude falls after U.S. Fed rate hike, inventory gains

By Aaron Sheldrick TOKYO (Reuters) – Crude futures fell in Asian trade on Thursday, adding to sharp losses the previous session after the Federal Reserve raised rates for the first time in nearly a decade and official figures showed

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Crude falls after U.S. Fed rate hike, inventory gains

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Fed raises interest rates, citing ongoing U.S. recovery

By Howard Schneider and Jason Lange WASHINGTON (Reuters) – The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of …

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Fed raises interest rates, citing ongoing U.S. recovery