Fed not likely to reverse course on rates despite risks: Yellen
Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve will reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday.
Feb 11, 2016, 03:09 AM IST
Weekahead: Euro zone set to report solid growth, for a change
With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.
May 10, 2015, 14:00 PM IST
IMF warns global economy at risk, calls for bold action
With Japan`s economy floundering, the euro zone at risk of recession and the US recovery too weak to generate a rise in incomes, the IMF`s steering committee said focusing on growth was the priority.
Oct 11, 2014, 23:53 PM IST
