United states federal reserve
Trump downbeat on Fed as markets nosedive
With the stock market on track for its worst December since the Great Depression, President Donald Trump berated the Federal Reserve for its stewardship of the...
In the middle of international trade disputes, Trump in an interview with Reuters also accused China and Europe of manipulating their respective currencies.
The Fed’s policy statement and its latest economic projections are due to be released at 2 pm EST following the end of a two-day meeting.
At 15:00 GMT, the rand was down 0.27% to 13.1825 per dollar.
Janet Yellen says she will look to boost employment and strengthen the economy.