Manufacturing surge, labor crunch show U.S. economic health, Fed says

Jan 19, 2017

Manufacturing surge, labor crunch show U.S. economic health, Fed says

A pickup in manufacturing, “widespread” reports of labor shortages and improving business investment set the stage for the Federal Reserve’s December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...

| Dec 14, 2016

Nikkei edges up amid wait-and-see mood

The benchmark Nikkei average edged up to its highest closing level for this year on the Tokyo Stock Exchange Wednesday, though a wait-and-see mood prevailed ahead of a closely watched monetary policy decision by the U.S. Federal Reserve. The 225-issue Nikkei average gained 3.09 ...

U.S. has 'false economy' and interest rates must change: Trump

Sep 6, 2016

U.S. has 'false economy' and interest rates must change: Trump

Republican presidential nominee Donald Trump said on Monday that the U.S. Federal Reserve is keeping interest rates low to prevent an economic downturn and “at some point” the rates must change. “They’re keeping the rates down so that everything else doesn’t go down,” Trump ...