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Oil prices up on lower U.S. crude stocks, but growing output caps gains
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Headlines
Thursday, 14 December
Fed raises interest rates, keeps 2018 policy outlook unchanged
7h ago - WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts.
Fed raises interest rates, keeps 2018 policy outlook unchanged
7h ago - WASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in U.S. economic growth from the Trump administration's proposed tax cuts.
Republicans forge tax deal, final votes seen next week
6h ago - WASHINGTON (Reuters) - Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans.
Oil prices up on lower U.S. crude stocks, but growing output caps gains
31m ago - SINGAPORE (Reuters) - Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week.
Oil Reverses Some of Its Latest Pullback
2h ago - By Lucy Craymer --Oil prices rose in Asian trading Thursday following fresh overnight declines, caused in part by rising U.S. gasoline...
Five Questions for the European Central Bank's Policy Meeting
1h ago - By Tom Fairless The European Central Bank pulled off a delicate balancing act seven weeks ago, announcing a major reduction of its...
WTO meeting ends in discord, ministers urge smaller-scale trade talks
4h ago - BUENOS AIRES/WASHINGTON (Reuters) - The World Trade Organization failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging U.S. criticism of the group and vetoes from other countries.
Asia stocks edge higher after Fed meeting; dollar, U.S. yields sag
3h ago - TOKYO (Reuters) - Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields.
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