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US President Donald Trump's Federal Reserve pick owes unpaid taxes

Stephen Moore is a conservative economic analyst and frequent Federal Reserve critic. He is a well-known and often polarizing figure in Washington political circles. He served as Trump's campaign adviser in 2016 and helped Trump craft his tax cut plan.

US Federal Reserve raises rates, sees at least three more years of economic growth

Marking the end of the era of "accommodative" monetary policy, Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2 percent to 2.25 percent.


Trump criticizes Federal Reserve interest rate policy despite strong economy

Trump said he was concerned about the potential impact on the US economy and American corporate competitiveness from rising rates and a stronger dollar.

US Federal Reserve raises key interest rates by 25 bps, signals possible acceleration in 2018

The Fed has raised rates seven times since late 2015 on the back of the economy's continuing expansion and solid job growth, rendering the language of its previous policy statements outdated.

Federal Reserve chairman vague on trade risks; his next No. 2, anything but

China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods.

US: Fed raises key rate and foresees 2 more hikes this year

The economy is growing moderately and "job gains have been strong in recent months,'' Fed policymakers say in a statement following the conclusion of its two-day meeting.


Donald Trump expected to name Jerome Powell as next Federal Reserve chair on Thursday

Taylor and Warsh were both viewed as people who might raise interest rates at a faster pace than Yellen and Powell. Cohn appeared to fall out of favor after criticizing Trump's reaction to the violence in Charlottesville, Virginia, earlier this year.

Rupee appreciates 10 paise against dollar to 64.49

On Wednesday, rupee had surged a solid 16 paise to end at an over one-month high of 64.59 against US currency following heavy dollar unwinding. The benchmark Sensex was trading higher by 45.53 points, or 0.13 per cent, at 33,645.80 in early session.

Monetary Policy: US Fed hike signals RBI cut

India’s central bank, which has kept the benchmark repo rate steady at 6.25% in the last four policy reviews awaiting the US Federal Reserve’s decision and the progress of monsoon, may opt to go for a bigger cut in the next policy review

Indian shares fall amid global concerns; inflation data awaited

Meetings of the US Federal Reserve, Bank of England, Swiss National Bank and the Bank of Japan are also awaited this week. All are likely to keep monetary policy steady.