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Fed's Lockhart: 'Serious discussion' over rate rise warranted

EghtesadOnline: Current economic conditions warrant a "serious discussion" of whether to raise interest rates at next week's Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action.
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Publish Date:13/September/2016 | 05:52

Wall St. drops amid worries over North Korea test, rate outlook

EghtesadOnline: U.S. stocks dropped on Friday, giving the S&P 500 its worst day since June as investor nervousness increased following a nuclear test by North Korea and Federal Reserve officials' comments lifted rate hike bets.
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Publish Date:10/September/2016 | 07:22

Bank rally on shaky legs as traders assess rate hike odds

EghtesadOnline: A rare run of outperformance by U.S. bank shares appears to have hit a wall as a spate of soft readings on the economy have tempered bets that the Federal Reserve might raise rates soon.
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Publish Date:10/September/2016 | 07:17

Asia stocks hit 1-year high as soft U.S. data quells Fed hike talk

EghtesadOnline: The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services sector activity dashed already slim chances of an interest rate hike by the Federal Reserve as early as this month.
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Publish Date:07/September/2016 | 07:31