central bank official

Dollar Rises, Global Stocks Hold Highs On March Fed Rate Hike Bets

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European stocks held near 15-month highs and the dollar strengthened against other top global currencies on Thursday on growing expectations that the U. S. central bank will raise interest rates later this month. Federal Reserve Governor Lael Brainard became on Wednesday the latest central bank official to signal that a hike may be in the … Read more

South Korea’s President Park Faces Historic Impeachment Vote

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President Park Geun-hye faces an impeachment vote in parliament on Friday over an influence peddling scandal that could lead to her becoming South Korea’s first democratically elected leader to be removed from office in disgrace. There have been mass rallies every Saturday for the past six weeks calling for Park to quit, and opinion polls … Read more