Wall Street drops with Eyes on Fed Statement
U.S. stocks fell in early trading on Wednesday ahead of a highly anticipated statement and news conference by the…
Browsing Tag
monetary policy
5 Things to Watch in Janet Yellen’s Testimony
Federal Reserve Chairwoman Janet Yellen goes to Capitol Hill this week to deliver her semiannual testimony on…
Russia’s Credit Rating is cut to Junk by S&P
Russia’s credit rating has been cut to junk – or below investment grade – by US ratings agency Standard and Poor’s…
Fed Set to End One Crisis Chapter Even As Global Risks Rise
The U.S. Federal Reserve on Wednesday is expected to shutter its bond-buying program, closing one controversial…
Dollar Hits Highest Level in over 6 Years
The dollar hit its highest level in over six years against the yen and a 22-month high against the euro on Monday…
Yellen Gets Final Stamp of Approval to Head U.S. Fed
Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the U.S.…
Egypt Expected to Keep Interest Rates on Hold
Egypt is expected to keep interest rates unchanged at a monetary policy meeting on Thursday, as officials try to…
Japan Shares Make Solo Gains, Euro Pares Losses
Most Asian markets refused to budge on Wednesday in the face of uncertainty over monetary policy in the United…
CBE Accepts EGP12 bln Deposit Operations from Banks
The Central Bank of Egypt (CBE) has accepted today EGP 12 billion in the 13th auction seven-day deposit operations…
Bank Of Japan Stands Pat On Rates, Monetary Policy
The Bank of Japan left its interest rates and policy stance unchanged Thursday, reiterating its commitment to…