The Committee decided to maintain the target range for the federal funds rate at 1-1/4 to 1‑1/2 percent.
Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields.
Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.
Bitcoin plummeted in value by more than $44bn (£30.9bn) in January, marking the steepest monthly fall in its short history.
As the terms of a Brexit remain uncertain, U.K. businesses are looking to tap into the Chinese market, more so than ever.
Thank you, Klaus, very much. It’s a privilege to be here at this forum where leaders in business, science, art, diplomacy, and world affairs have gathered for many, many years to discuss how we can advance prosperity, security, and peace.
DAVOS, Switzerland (Reuters) - U.S. President Donald Trump is expected to use his maiden speech to the World Economic Forum on Friday to promote his tax cuts, deregulation and trade policies to chief executives, bankers and political leaders.
Mnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.
The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent.
TOKYO (Reuters) - Asian stocks resumed their ascent on Friday, supported by U.S. earnings optimism and a rise in oil prices while the euro edged higher as the European Central Bank signaled an end to its massive stimulus.