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The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as investors looked for more hints from the Federal Reserve on its plans to reduce monetary stimulus. ....
European Union exports to Britain rose in June after a volatile start to the country's first year outside the single market, while the bloc's exports to the rest of the world dropped slightly in the same month. ....
In his nearly six years on the Federal Reserve's board of governors before becoming its chair, Jerome Powell never once cast a dissenting vote on monetary policy. ....
The Federal Reserve is nearing the point of reducing its massive support for the economy, with analysts expecting an initial decision as early as next month on when and how the U.S. central bank should begin cutting its $120 billion in monthly purchases of Treasuries and mortgage-backed securities. ....