Posts Tagged
interest rates
Dollar Gains as Jobs Supports Fed Rate Rise, Soothes Volatility
©2015 Bloomberg News NYYNH36TTDS0 (Bloomberg) — The dollar held its gains after a stronger- than-expected U.S. jobs data strengthened market speculation that the Federal Reserve will raise interest rates next week. The greenback advanced against the yen, Aussie and kiwi on Monday, after a report at the end of last
Bloomberg Business: U.S. Stocks Advance on Rate Speculation After Yellen Statement
Copyright 2015 Bloomberg. NKABXH6KLVR9 (Bloomberg) — U.S. stocks rose to all-time highs after Federal Reserve Chair Janet Yellen indicated an increase in interest rates is unlikely before mid-year as inflation and wage growth remain too low. The Standard & Poor’s 500 Index rose 0.2 percent to a record 2,114.38 at 11:43