Cleveland Fed: Low Global Inflation May Mean More Subdued Inflation Ahead

Low global inflation readings may signal a period of more subdued price increases in the United States, economists at the Cleveland Federal Reserve Bank warned Thursday. William Bednar and Edward Knotek argued in a research note that global inflation trends are a useful indicator for the future d…

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Cleveland Fed: Low Global Inflation May Mean More Subdued Inflation Ahead

Fed’s Lockhart says Fed statement likely to change in October as bond-buying ends

Atlanta Federal Reserve President Dennis Lockhart said on Thursday that the Fed’s main policy statement will almost certainly shift in October as its bond-buying program winds down. The current statement says the Fed will wait “a considerable time” after the end of its bond-buying program before …

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Fed’s Lockhart says Fed statement likely to change in October as bond-buying ends

Fed’s Fisher: The First Rate Hike Is Coming ‘Maybe Sooner Rather Than Later’

The U.S. Federal Reserve may start raising rates around the spring of 2015, at the earlier end of market expectations, Richard Fisher, president of the Federal Reserve Bank of Dallas said on Thursday. “It’s assumed in the market place that we’ll start our liftoff in raising interest rates some ti…

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Fed’s Fisher: The First Rate Hike Is Coming ‘Maybe Sooner Rather Than Later’

Syria, Iraq oil controlled by Islamic State group

BEIRUT (AP) — For the first time since the Unites States and five Arab countries started bombing positions of the Islamic State group in Syria, oil installations under control of the militants were targeted overnight and early on Thursday. Here is a look at the oil in the hands if the Islamic State group, which has overrun several large oil fields in Syria and a smaller one in Iraq.

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Syria, Iraq oil controlled by Islamic State group

GBPUSD: Bearish Flag Breakdown Could Expose 10-Month Lows Near 1.60

Over a century ago, Charles Dow codified one of the first technical analysis frameworks, which eventually came to be known as Dow Theory. One of the basic tenets of the theory is that the market immediately discounts all new information as soon as it is released, a premise that Dow’s theory shares…

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GBPUSD: Bearish Flag Breakdown Could Expose 10-Month Lows Near 1.60

GBPUSD: Bearish Flag Breakdown Could Expose 10-Month Lows Near 1.60

Over a century ago, Charles Dow codified one of the first technical analysis frameworks, which eventually came to be known as Dow Theory. One of the basic tenets of the theory is that the market immediately discounts all new information as soon as it is released, a premise that Dow’s theory shares…

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GBPUSD: Bearish Flag Breakdown Could Expose 10-Month Lows Near 1.60