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Yellen, alongside Fed alum, says rate hikes on track

April 8, 2016 by · Leave a Comment 

The U.S. economy is on a solid course with some hints of inflation so the Federal Reserve is on track for further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday in a defense of her decision to tighten

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Yellen, alongside Fed alum, says rate hikes on track

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Fed holds steady, eyes two rate hikes this year

March 17, 2016 by · Leave a Comment 

The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year, with fresh projections showing policymakers expected two quarter-point hikes by the year's end, half the number seen in December. Inflation picked up in recent months,” the Fed said in a …

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Fed holds steady, eyes two rate hikes this year

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Greek PM says differences between lenders delaying bailout review: paper

February 13, 2016 by · Leave a Comment 

Greek Prime Minister Alexis Tsipras said on Saturday that differences between the country's international lenders over its pension reform plans are delaying the first review of its latest financial bailout. The government has faced widespread protests over its reform plans however, as austerity-weary Greeks push back against yet more cuts to the country's welfare system. “There are differences among the lenders on Greece's pension reform that are delaying the whole process,…

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Greek PM says differences between lenders delaying bailout review: paper

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Tougher lending standards pose risk to outlook for Fed

February 13, 2016 by · Leave a Comment 

A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen …

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Tougher lending standards pose risk to outlook for Fed

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Bernanke, Trichet, Brown join Pimco advisory board

December 8, 2015 by · Leave a Comment 

Ben Bernanke, who chaired the U.S. Federal Reserve from 2006 to 2014 and was named a senior Pimco adviser in April, will lead the Pimco Global Advisory Board. The board also includes Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011, and Gordon Brown, the U.K. prime minister from 2007 to 2010. Pimco, a unit of Allianz SE , had about $1.47 trillion of assets

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Bernanke, Trichet, Brown join Pimco advisory board

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