Photograph: iStock

Asian shares extended gains on Wednesday, as investors saw China’s yuan fixing offering a modest olive branch to Washington amid a resurgence in trade(...)

The US Federal Reserve. Investors are becoming sceptical about the median forecast of Fed officials in September for three additional hikes in 2019.

Federal Reserve vice chairman Richard Clarida said the central bank’s gradual approach to interest-rate hikes is appropriate as US monetary policy get(...)

Federal Reserve chairman Jerome Powell announces the US central bank is raising interest rates for the third time this year. Photograph: Jim Lo Scalzo/EPA

The US Federal Reserve raised short-term interest rates for a third time this year and signalled it would forge ahead with plans to tighten policy eve(...)