El-Erian says probability of Fed’s Sept rate hike is well below traders’ thought
Economist Mohamed El-Erian on Friday told CNBC the probability of a rate hike by the U.S. Federal Reserve in…
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Jerome Powell
Fed emphasises ‘solid U.S. economic growth’ in H1
U.S. economic growth has been solid during the first half of this year and the Federal Reserve continues to expect…
The Fed is likely to hike rates today
U.S. Federal Reserve is expected to announce a quarter-point interest rate hike when it wraps up its June meeting…
Fed’s Powell urges patience on U.S. rates, citing growth risks
The U.S. economy is at increasing risk of becoming trapped in a prolonged phase of slow growth that points to the…