Dollar firm as markets get ready for another big Fed rate hike
The dollar firm kept below a two-decade high versus major peers on Tuesday.
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Federal Reserve
U.S. Fed hikes key interest rates by 0.75 percentage point, biggest since 1994
The U.S. Federal Reserve has announced on Wednesday its biggest hike in interest rates since 1994, a move aimed to…
Fed Chairman says low interest rates could last for years
Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic,…
US Fed sees uncertain recovery as Covid-19 will ‘weigh heavily’ on economy
US Federal Open Market Committeeon warned the economic downturn induced by the Covid-19 pandemic faces a highly…
Fed is extending its lending programs until year-end
The US Federal Reserve it is extending its menu of lending programs to businesses, governments and individuals to…
US economy full recovery from recession ‘unlikely’ until coronavirus…
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that a full recovery from the pandemic-driven…
US Fed has a grim outlook for the economy in 2020, left interest rates unchanged
The Federal Reserve left interest rates unchanged and near zero on Wednesday as the central bank projected a slow…
U.S. stocks cap best week since 1974 due to latest lift from Fed
U.S. stocks capped its best week in 45 years on Thursday after the country’s Federal Reserve launched its latest…
US Fed cuts rates to zero, launches massive $700 billion quantitative easing program
The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in…
U.S. economic growth is close to zero for Q4 according to Fed gauges
The U.S. economy will barely witness a growth at all in the fourth quarter, if two Federal Reserve gauges that…