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Former Fed Chief Ben Bernanke Slams Trump’s View on Yuan

Jan 16, 2017 08:19 PM EST

Ben Bernanke opined that the President-elect Donald Trump's views on Chinese yuan do not "fit with reality," He rubbished Trump's claim that China manipulates the value of its currency. Bernanke had served as the chief of the Fed between 2006 and 2014.

Deirdre Bolton talks about Asia on risk and reward on Fox News.

China: The New Global Economic Power?

Darlene Tverdohleb |

Sep 18, 2015 09:09 AM EDT

China showed the latest sign that it has arrived to the global economic power, which upsets the financial markets enough to nudge the Federal Reserve away from the raising interests.

U.S. Fed Removes 'Patient' From Guidance, Opens Doors To June Rate Hike

Dino Lirios |

Mar 19, 2015 02:17 AM EDT

The U.S. Federal Reserve concluded its two-day policy meeting on Wednesday, with its statement suggesting a cautious outlook and a less aggressive timeline on raising interest rates while still implying that it was closer to hiking rates for the first time after almost a decade.

Wall Street Gets Green Light from Federal Reserve To Buy Back Stock Following Stress Test

Dino Lirios |

Mar 12, 2015 10:23 PM EDT

Wall Street, the heart of the U.S. financial system, recently got the thumbs up from the Federal Reserve last Wednesday to buy back stocks and release a slew of dividend increases.

U.S. Fed Rate Hike To Be On 'Meeting-By-Meeting' Basis

Dino Lirios |

Feb 25, 2015 01:22 AM EST

In the Semiannual Monetary Policy Report to the Congress on Tuesday, US Federal Reserve Chair Janet Yellen told the committee that the monetary board would be mulling over raising federal rates on a "meeting-by-meeting" basis, confirming expectations of a rate hike this year, in the months to follow.

Philadelphia Federal Reserve President Charles Plosser Retires Next Year

Staff Reporter |

Sep 24, 2014 02:54 AM EDT

President of the Philadelphia Federal Reserve Bank, Charles Plosser, will be retiring from his post next year. Known as one of the sharpest internal critics of the central bank’s loose monetary policy, Plosser’s retirement could possibly alleviate pressure to increase interest rates more quickly.

Bank Says New Funding Rule Makes Trading More Expensive

Ren Benavidez |

Sep 02, 2014 03:03 PM EDT

A new global rule is being proposed to force banks into safer funding, which will reportedly make short-selling more expensive.

Producer Price Gains Could Be Creeping Sign Of Inflation, Says U.S. Labor Department

Lemuel Cacho |

May 15, 2014 11:59 AM EDT

U.S. producer prices recently posted an increase in April, the largest in one and a half years, according to the U.S. Labor Department. The surge in food prices is seen as a potential sign of possible inflation in the near future.