The FOMC's meeting statement was slightly hawkish and notes from the meeting revealed the U.S. central bank upgraded its economic projections from December and expects the 2 percent inflation target to be met in the mid term.
On his five-country Asian tour, US president Trump has already brought up trade grievances about China and Japan and has warned that no one "should underestimate, ever, American resolve." Here's more and what you need to know about the markets.
This is a busy week on many fronts: there are geopolitical risks in Spain (Catalonia) and the US, a plethora of Central Bank meetings, and a busy season of corporate earnings along with US data that will keep capital markets on its toes.
Fed speakers are divided. Doves say it's a mistake to keep raising interest rates with low inflation. Hawks urged that waiting could be a bigger mistake and that inflation will catch up. Is a December rate hike is still on the table?
Central banks in India and Australia find themselves pursuing very different strategies in an effort to get a grip on inflation, employment, and economic growth. Here's how accountants, treasurers, and financial professionals can deal with a region divided in approach.
Last week's geopolitical worries sent investors scampering for safe havens. Now, the dollar gains seem capped by the tensions on the Korean peninsula and doubts that the Fed will hike interest rates again this year.