The dollar built on gains against the yen Thursday after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year. Fed boss Janet Yellen said the world’s biggest economy was “performing well” while it emerged after a closely watched meeting that most members of the policy board wanted to lift borrowing costs by December. “It doesn’t get any more brazenly hawkish from Dr Yellen, who along with the majority of her colleagues is clearly in the December rate hike camp and the markets are reacting to this news,” said Stephen Innes, head of Asia-Pacific trading at OANDA.
The secretary of state had “matter-of-fact” talks with his Iranian counterpart despite disagreements.
‘As a Jew, as a mother, and as a human being, I know the damage that can come from hate’
Trump had warned he would ‘totally destroy’ North Korea if it threatened the U.S. and its allies
A man has reportedly set himself on fire on the grounds of New Zealand’s parliament in Wellington, two days ahead of national elections, police said on Thursday. “Ambulance are with the man currently, who’s reportedly in a critical condition,” New Zealand police said in a statement, adding they have no immediate information on the man’s identity. Police told a Reuters witness that the parliament grounds have been closed off.
Special counsel Robert Mueller’s team requests information about Michael Flynn’s stint as national security adviser and Trump Jr.’s meeting with a Russian lawyer
France’s President Emmanuel Macron declared Wednesday that the Iran nuclear deal is no longer a sufficient safeguard against the growing power that Tehran wields in its region. “We need the 2015 accord,” he said of the agreement. Macron was speaking in New York on the sidelines of the UN General Assembly, while ministers from Iran the six world powers that signed the accord met to discuss it.