Federal Reserve Chair Janet Yellen and her colleagues have opened the door to a change in their outlook for the economy this year, and possibly a slower pace of interest-rate hikes that would make a move in March less likely.
”The Fed is really in a wait-and-see mode,” said Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania. “They want to see if everything in the global economy and financial markets is really going to bleed through and affect inflation and their outlook for the economy...
10:45 OECD sees resurgent US growth boosting global economy11
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent13
16:49 Brent Oil Jumps to Highest in More Than a Year After OPEC Accord16
13:12 Putin Wants to Work With Trump as Equals to Restore Relations12