BREAKING: U.S. Fed fires off another three-quarter point rate hike
The U.S. Federal Reserve (Fed) has on Wednesday lifted its key interest rates by three-quarters of a percentage…
Browsing Tag
U.S. Federal Reserve
BOE faces critical policy decision with pound reach its lowest level
The Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but the…
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.
European stock markets down as recession fears mount
European stock markets were lower at mid-morning on Wednesday as investors continued to dwell on the recessionary…
Bank of Korea keeps door open to raising interest rate
Bank of South Korea (BOK) has warned on Tuesday of increased volatility as global markets brace for future hikes…
Gold extends losses as investors await Fed minutes
Gold prices fell on Tuesday, after posting its biggest drop in a month in the previous session, as investors…
U.S. Fed unveils biggest interest rate rise in 22 years
The U.S. Federal Reserve has announced on Wednesday its biggest interest rate increase in more than two decades, a…
Biden picks ex-Fed chair Janet Yellen as treasury secretary
U.S. President-elect Joe Biden has confirmed his nomination of former Federal Reserve chair Janet L. Yellen as his…
European stock markets end higher as investors focus on upcoming central bank meetings
European stock markets closed higher on Tuesday as investors are focusing on the upcoming central bank meetings by…
Fed Chair Powell: coronavirus has led to shortage of physical cash at U.S. banks
U.S. Federal Reserve (Fed) Chairman Jerome Powell told lawmakers on Wednesday that circulation of physical U.S.…