Fed may not have enough firepower to avoid a recession
U.S. President Donald Trump urged the Federal Reserve to help head off a feared economic recession, but it’s not…
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U.S. Federal Reserve
Mohamed El-Erian says Fed being ‘held hostage’ by markets
The U.S. Federal Reserve is being “held hostage by markets” and will be forced to make two interest rate cuts…
Fed to cut rates, first time since 2008
The U.S. Federal Reserve is about to take the unusual step of cutting interest rates for the first time since 2008.
Gold slightly falls on firmer dollar, investors await ECB outcome
Gold prices on Thursday eased as the U.S. dollar hovered near multi-week highs, while some investors locked in…
Fed seen cutting rates for first time in a decade this month – poll
A quarter-point interest rate cut by the U.S. Federal Reserve in July is almost a done deal, according to…
Best June for Dow since 1938, S&P 500′s best first half in two decades
Wall Street wrapped up a roaring June and first half of the year as investors cheered the prospects of easier…
Fed’s Powell warns against policy relying on ‘short-term political interests’
U.S. Federal Reserve’s Chairman Jerome Powell emphasised on the central bank’s independence in a speech on Tuesday…
Gold climbs over 1.5%, breaching $1,400 for first time since Sept. 2013
Gold climbed by more than 1.5 percent on Friday, breaking above $1,400 for the first time since September 2013, as…
Washington-Tehran tensions lift yen to five-month peak, dollar falls
The yen grew to a five-month high versus the dollar on Friday on intensifying tensions between Iran and the United…
European stocks seen slightly higher after Fed signals no more rate hikes this year
European stocks are set to open slightly higher Thursday morning, after the U.S. Federal Reserve took a more…