RBI governor Rajan, making a familiar argument for better global coordination on
monetary policy, said central bankers in developed economies should take
more seriously their international respons...
The minutes of the US Federal Reserve's last policy meeting on Sept 16-17 expressed concern the rising dollar could slow a needed rebound in inflation.
The US Fed's policy-setting committee decided that its chair - now Janet Yellen - would approve any subsequent changes
to the new rate during the testing of the tool.
Signs of economic resilience and growing anxiety about the risks of holding rates too low for too long have set the stage for an intense debate over rewriting their policy statement.
Top Federal Reserve officials are rushing to clarify just when the US central bank would finally tighten monetary policy after comments last week from Fed Chair Janet Yellen intensified a guessing gam...
"The economy continues to operate considerably short of these objectives" of maximum employment and stable prices, the Federal Reserve Chair said at a swearing-in ceremony at the central bank in Washi...
In her first public comments since becoming Fed chief earlier this month, Yellen had testy exchanges with some lawmakers but managed to keep financial markets calm by emphasising continuity with the p...
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