Latest Articles in federal reserve
Federal Reserve cuts interest rates to near zero to support US economy amid coronavirus pandemic impact
The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook.
Read More
Federal Reserve Policymakers Increasingly Divided On Way Ahead, Minutes Show
The readout of the meeting, released on Wednesday, also showed that the Fed agreed it would soon need to discuss increasing the size of its balance sheet following ructions in short-term money markets.
Read More
Asian Units Up As Slowdown Fears Lift Hopes For Fed Rate Cuts
A current account surplus and strong foreign reserves have helped the baht, Asia's best-performing currency, but extended strength in the unit has put pressure on the export-reliant economy and prompted central bank moves to curb inflows.
Read More
Gold Dips 1%, Set For Weekly Fall On Good US Data, Trade Optimism
Spot gold was 0.9 per cent lower at $1,504.86 per ounce as of 0957 GMT, having shed as much as 1 per cent earlier in the session, and retreating from an over six-year peak of $1,557 touched on Wednesday.
Read More
Gold Prices Tick Up On Recession Fears, Trade Uncertainty
On Wednesday, the bullion ended lower but remained around its over six-year peak of $1,554.56 hit on Monday.
Read More
Oil Falls As Trade War Raises Recession Fears
Brent crude was down 63 cents, or 1.1 per cent, at $ 58.71 a barrel by 0232 GMT, having earlier touched $ 58.24, the lowest since Aug. 15.
Read More
Oil Prices Nudge Higher, Eyes On Speech By Fed Chair
Brent crude rose 29 cents, or 0.5%, to $60.21 a barrel by 0629 GMT, while U.S. crude futures were at $55.53 a barrel, up 18 cents, or 0.3%. Both contracts were on track for a second week of gains.
Read More
Global Markets: Caution Grips Asian Shares As Fed Events Loom Large
MSCI's broadest index of Asia-Pacific shares outside Japan dithered either side of flat after three straight days of gains.
Read More
Indian Markets Slip After Fed's 'Less Dovish' Comments
The rupee was at 70.44 to the dollar in morning trade after opening at 70.68 and weaker than Wednesday’s close of 70.39. The 10-year benchmark bond yield was at 7.25 percent from the previous close of 7.22 percent
Read More
Gold Hits 1-Week High; Investors Eye Fed Meeting
The Federal Open Market Committee (FOMC) is widely expected to raise interest rates at its two-day meeting starting later in the day, but the focus will be on its outlook for 2019
Read More
Gold Subdued Ahead Of Fed Chair Speech, G20 Summit
Investors will hold steady until the minutes of the Federal Reserve meeting are released and more clarity emerges around the trade conflict leading into the G20 summit, said ANZ analyst Daniel Hynes
Read More
Global Stocks Struggle Higher, Dollar Sapped By Rate Hike Uncertainty
Asia had taken a while to warm up but finished strongly and Europe was heading for its first rise in four sessions as mining, tech and bank share gains helped offset a nasty prang to the car sector
Read More
Global Stocks Tumble After Trump 'Crazy' Fed Comment
The steep drop in Asia followed a decline on Wall Street of nearly 830 points, the biggest fall since February, amid US President Donald Trump's latest criticism of the Federal Reserve, the US central bank
Read More
IMF Chief Defends Rate Hikes After Trump Slams 'Crazy' Fed
"It is clearly a necessary development for those economies that are showing much improved growth, inflation that is picking up, unemployment that is extremely low," IMF Chief Christine Lagarde said
Read More
Trump Says Fed Has Gone Crazy After Dow Industrial Tumbles
In a brief interaction with reporters yesterday, when asked about the tumbling down of the stock market, US President Donald Trump said he was not worried about it. "I think the Fed is making a mistake", he said
Read More