Tag: US central bank
US Treasury yields retreats
NEW YORK- US Treasury yields reversed an earlier rise on Wednesday after Federal Reserve Chair Jerome Powell said he expects to see further progress...
Dollar strengthens
SINGAPORE- The dollar hovered near its highest level in more than two years on Tuesday as traders scale back wagers on US rate cuts...
US jobless claims at 11-month low
By Lucia Mutikani
WASHINGTON- The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable...
Gold gains
BENGALURU- Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of US economic data including the December...
Growth in US retail sales showcase economy’s enduring strength
By Lucia Mutikani
WASHINGTON- US retail sales increased more than expected in November as households stepped up purchases of motor vehicles and online merchandise, consistent...
