Edition:
India

Lindsay Dunsmuir

U.S. existing home sales rise more than expected in October

21 Nov 2019

WASHINGTON U.S. home sales increased more than expected in October and house prices rose at the fastest pace in more than two years amid lower mortgage rates and a shortage of properties for sale.

Fed minutes show rates on hold, little hurry to change course

21 Nov 2019

WASHINGTON A divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut in October signaled in minutes of last month's meeting it was in no hurry to reassess the path of interest rates.

Fed minutes show rates on hold; not clear what would change that

21 Nov 2019

WASHINGTON, Nov 20 An increasingly divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut at its October meeting offered little guidance on what would cause policymakers to change their minds on the outlook, minutes of the central bank's last policy meeting showed.

Fed's Williams: Risks to U.S. economy still to the downside

19 Nov 2019

WASHINGTON The U.S. Federal Reserve has interest rates at the appropriate level for the U.S. economy but risks to the economic outlook are still tilted downwards, New York Federal Reserve President John Williams said on Tuesday.

Fed's Mester: U.S. monetary policy 'in a good spot'

19 Nov 2019

COLLEGE PARK, Md. The current level of interest rates is appropriate for the U.S. economy and the Federal Reserve should now pause as it monitors how the economy evolves, Cleveland Fed President Loretta Mester said on Monday.

Fed's Powell: No 'booming' in U.S. economy that threatens to go bust

14 Nov 2019

WASHINGTON Federal Reserve Chair Jerome Powell on Thursday said the risk of the U.S. economy facing a dramatic bust is remote, partly because the record-long expansion is notable for not having pockets of overheating activity.

Fed's Powell: No 'booming' in U.S. economy that threatens to go bust

14 Nov 2019

WASHINGTON Federal Reserve Chair Jerome Powell on Thursday said the risk of the U.S. economy facing a dramatic bust is remote, partly because the record-long expansion is notable for not having pockets of overheating activity.

No 'booming' in U.S. economy that threatens to go bust - Fed's Powell

14 Nov 2019

WASHINGTON, Nov 14 Federal Reserve Chair Jerome Powell on Thursday said the risk of the U.S. economy facing a dramatic bust is remote in part because the record-long expansion is notable for not having pockets of overheating activity.

Fed considering number of tools in event of downturn, Clarida says

14 Nov 2019

WASHINGTON The U.S. Federal Reserve is looking at any additional methods that may be useful in the event of a downturn which forces the central bank to lower rates back near zero, Federal Reserve Vice Chair Richard Clarida said on Thursday.

Fed chief Powell pushes back on negative interest rates

14 Nov 2019

WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Wednesday pushed back against a favorite talking point of President Donald Trump's, telling Congress that the negative interest rates sought by Trump aren't appropriate for a U.S. economy with ongoing growth, a strong labor market and steady inflation. | Video

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