US: Wall Street indexes open muted ahead of Fed's interest rate verdict
Wall Street’s main indexes opened subdued on Wednesday (Jun 18), ahead of the Federal Reserve’s monetary policy decision, as the Israel-Iran conflict that entered its sixth day…
Tag
Feds
Feds won't free Mahmoud Khalil, challenge judge to order release of Palestinian activist student
Federal officials told a judge Friday they will not release Mahmoud Khalil, a Palestinian student the administration is trying to deport, saying they have legal reasons to keep him in…
Fed’s Bostic wants more progress on inflation, in no rush to cut
US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot” more progress on inflation despite recent…
What to know about the Fed’s decision.
The Federal Reserve left interest rates unchanged for a third meeting in a row on Wednesday, as officials stuck to a wait-and-see approach amid heightened uncertainty about how…
The Fed’s wait-and-see approach keeps tensions simmering with Trump.
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to…
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to…
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the correct response. The central bank is likely to…
Feds probing Reagan National go-around flights due to Army helicopter
Federal transportation officials are investigating after a Delta Air Lines flight and Republic Airways flight headed to Ronald Reagan Washington National Airport had to divert to avoid a…
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President Trump’s policies would…
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower inflation would not necessarily prompt further…
Feds look for links between Cybertruck explosion and New Orleans attack, seek other suspects
Authorities are looking for possible connection between the attack in New Orleans that killed 15 and the explosion of a Tesla Cybertruck outside a Trump hotel in Las Vegas, which happened…
Asia: Markets mixed as traders digest Fed’s hawkish pivot
EQUITIES fluctuated on Friday (Dec 20) and the US dollar maintained its gains against its peers as investors assessed the fallout from the Federal Reserve’s outlook for interest rate cuts…
Fed’s hawkish tilt has emerging markets scurrying to save currencies
CENTRAL banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday (Dec 19), hours after the Federal Reserve jolted markets by indicating it may not cut…
Ahead of Fed’s final meeting of 2024, all eyes on the gifts that Powell might dole out
LAST Christmas, the US Federal Reserve gave the stock market a change of heart. This year, to save economists from tears, the central bank is going to do something special – it’s going to…
Feds to Deploy High-Tech System to Track Drone Swarms Over NYC, NJ that Have Raised Concerns Across the United States
Federal authorities are preparing to introduce an advanced drone detection system in New York State as a growing number of unidentified flying objects in the tri-state area continue to…
Fed’s Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
US Fed’s Jerome Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room to lower interest rates at a careful pace. “The…
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policies THE latest rate cut by the US Federal Reserve is expected to bring “some relief” to Asian and…
Fed’s rate cut brings ‘relief’ to Asian markets with STI hitting 17-year high, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on the new president’s policies THE latest rate cut by the US Federal Reserve is expected to bring “some relief”…
Fed’s implied message: Enjoy the rate cuts and market euphoria now, worry about tariffs and deficits later
Powell leaves door open to another cut in December, depending on the rate of inflation and if the labour market softens further THE US Federal Reserve cut interest rates as expected on…
Fed’s Jeffrey Schmid favours slower pace for interest-rate reductions
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately…
Fed’s Raphael Bostic sees no need to rush on rate cuts
ATLANTA Federal Reserve Bank of Atlanta president Raphael Bostic on Friday (Oct 18) made the case for patient reductions in the central bank’s policy rate to somewhere between 3 per cent…