the U.S. central bank

President Donald Trump’s pick to lead the U.S. central bank on Nov. 27 defended regulations that have made the financial system more crisis-proof, and said interest rates are likely to rise a bit more.

 U.S. job growth probably slowed further in September as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter, reported Reuters.

The U.S. dollar rose sharply against the Turkish Lira late on Sept. 20 after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year.

The U.S. dollar-Turkish Lira index hit 3.52 following the Fed's decision, while it closed the day at 3.47. 
The index rebounded to 3.51 early on Sept. 21. 

The euro held its gains on Aug. 28 as traders bet that the European Central Bank would start to wind down its crisis-era stimulus program, while lower expectations for further tightening in the United States weighed on the dollar.

U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase.

The Federal Reserve kept interest rates unchanged on July 26 and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.

The Federal Reserve kept interest rates unchanged on July 26 and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.

U.S. Federal Reserve Chair Janet Yellen said on June 27 that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash.

"Would I say there will never, ever be another financial crisis?" Yellen said at a question-and-answer event in London.

The Federal Reserve left interest rates unchanged on April 27, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy. 

Interesting days have begun for Turkey and the like "emerging countries." The central countries have loosened their monetary policies and money is again pouring into emerging countries? This creates the effect of a hot wind?