Congress News Headlines - Yahoo! News
Dollar racks up eleventh day of gains ahead of CPI data
By Patrick Graham LONDON (Reuters) - The dollar ground out an 11th straight daily rise on Wednesday, as investors' focus moved to inflation data in the United States for more support for the idea of a rise in Federal Reserve interest rates next month. Fed chief Janet Yellen testifies for a second day in Congress after spurring more gains for the greenback by telling lawmakers on Tuesday that the U.S. central bank would consider raising rates at one of its "upcoming" meetings. For markets that pointed to a hike in either March or May. It also opens the door to the Fed raising the return for holding dollars more than twice before the end of the year, beyond what investors have currently priced into short-term interest rates.
Investigations into Russia to continue after Flynn's exit
WASHINGTON (AP) — U.S. intelligence agencies and Congress will continue to investigate Russia's involvement in the 2016 presidential election, even after President Donald Trump fired his national security adviser for providing inaccurate accounts of his contacts with the Russian ambassador last year.
No comments:
Post a Comment