Stanley Fischer

The Federal Reserve will lose an influential centrist with the resignation of Vice Chairman Stanley Fischer, according to a letter sent Wednesday to President Donald Trump. Fischer will retire from the Board of Governors by Oct. 13 for “personal reasons,” leaving his leadership post one...

The market is nearly evenly split on the prospect of a rate hike by the end of this year, according to the CME's FedWatch Tool. A report on CNBC citing the tool, said, "Nearly 54 percent of the market believes interest rates will remain in the current range of 25 to 50 basis points in December....

Credit Suisse believes that the "Fischer Trade" may have run its course. The firm sees little remaining upside to the dollar and believes the long dollar trade should now be viewed mostly as a hedge. Dollar bulls should now be concentrated solely against emerging markets and...

Last week, central bankers from around the world gathered in Jackson Hole, Wyoming to discuss the state of the global economy. While the conference was set to cover a wide range of topics, policymakers were largely focused on the most recent market turmoil stemming from growth worries in China...

Only a few weeks ago, a growing majority seemed to think that a September rate hike by the FOMC was inevitability. My, how things have changed. In a new note out this week, Citi Research analyst William Lee took a look at how the past week of market instability has affected the potential for a...

This week, the world's top central bankers will descend on Jackson Hole, Wyoming where they are set to discuss global economic issues. The meeting couldn't come at a better time, as global markets have been in a state of panic this week after worries about China sent share markets markedly lower....

The Federal Open Market Committee is likely to signal a September rate hike after it meets later this week, according to an analyst. But in a recent note, the Goldman Sachs' analyst, Jan Hatzius, cautioned that there remains "a significant probability" that the Fed might hold off on a rate hike...

Analysts have been betting on when the Federal Reserve will raise its key interest rates ever since the U.S. central bank began tapering its controversial bond buying plan in 2014. While many were expecting a rate hike as early as next month when the year began, most have pushed their forecasts...

U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...

Shares of the iShares MSCI Israel Capped Investable Market Index Fund (NYSE: EIS), the lone Israel ETF, are up nearly two percent Tuesday after the Bank of Israel pared interest rates for the second time in two weeks. On Monday, the central bank trimmed borrowing costs by 25 basis points to 1.25...