Tags » William Dudley

U.S. Federal Reserve will wait on China turmoil before firing starting gun on rate hike

Stanley Fishcher says full effects of Beijing’s devaluation policy have yet to unfold, complicating the picture for a September rate hike

Beijing decided to engineer a revaluation of the renminbi on August 11 – a move that sparked a wave of selling on global financial markets… 373 more words

Consumer Sentiment In U.S. Declined In August To Three-Month Low

Consumer Sentiment In U.S. Declined In August To Three-Month Low

Consumer confidence declined in August to a three-month low as recent market tumult weighed on Americans’ outlook for the U.S. 58 more words

World

Consumer Sentiment In U.S. Declined In August To Three-Month Low

Consumer Sentiment In U.S. Declined In August To Three-Month Low

Consumer confidence declined in August to a three-month low as recent market tumult weighed on Americans’ outlook for the U.S. 58 more words

World

'Healthy' U.S. consumer helps grow economy by 3.7% in second quarter

The economy grew more than previously estimated in the second quarter on bigger gains in consumer and business spending that show the U.S. expansion got back on track. 914 more words

Economy

US growth rate revised up to 3.7% - live updates

A Chinese investor smiles as shares bounced back today, after several days of heavy falls Photograph: Imaginechina/Corbis

Graeme Wearden in London (now) and Martin Farrer… 414 more words

Fed official casts doubt on September rate hike

Those bracing for a rise in interest rates may breathe easy for a little while longer.

William Dudley, president of the New York Federal Reserve, said at a press briefing Wednesday that a September rate hike may be less likely in light of the very recent market turmoil. 155 more words

Finance

April 8, 2015

Stocks opened higher this morning (Dow +25 pts; SPX +.15%). Healthcare and financials are up modestly; utilities and energy are lagging. The SPX and Nasdaq are now 2% off of their recent all-time highs. 341 more words