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US consumer prices post largest annual gain in 40 years as inflation becomes widespread

US consumer prices post largest annual gain in 40 years as inflation becomes widespread

High inflation, which has overshot the Fed's 2 percent target, could imperil Biden's economic agenda.
Higher Fed interest rate could weaken Vietnamese currency

Higher Fed interest rate could weaken Vietnamese currency

The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.
December 22, 2018 | 04:58 pm PT
Trump has discussed firing Federal Reserve chairman Powell: Bloomberg

Trump has discussed firing Federal Reserve chairman Powell: Bloomberg

U.S. President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, Bloomberg reported on Saturday, citing sources.
December 22, 2018 | 03:53 am PT
New US interest rate to exert pressure on Vietnam’s inflation goal

New US interest rate to exert pressure on Vietnam’s inflation goal

The recent increase in U.S. interest rate will generate pressure on the Vietnamese dong and make inflation target hard to meet, experts warn.
September 29, 2018 | 05:58 am PT
Fed raises US interest rates, sees at least three more years of growth

Fed raises US interest rates, sees at least three more years of growth

The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy.
September 26, 2018 | 06:00 pm PT
Vietnam's forex market to see stability through year-end: report

Vietnam's forex market to see stability through year-end: report

Strong investment and remittance inflows have put the country in a good position this year.
October 31, 2016 | 08:28 pm PT
Global markets wrap up: Asia down, dollar buoyant after Fed signals potential near-term hike

Global markets wrap up: Asia down, dollar buoyant after Fed signals potential near-term hike

Asian stocks slipped but the dollar was buoyant early on Thursday as markets scrambled to factor in a near-term U.S. interest rate hike foreshadowed in minutes of the Federal Reserve's last monetary meeting.
May 18, 2016 | 05:23 pm PT
Global markets wrap up: Revived Fed hike expectations send Asian shares lower

Global markets wrap up: Revived Fed hike expectations send Asian shares lower

Asian shares stepped back on Wednesday after strong U.S. inflation data and comments from Federal Reserve officials rekindled the prospects of the central bank raising rates later this year.
May 17, 2016 | 07:58 pm PT
 
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