Friday 29 March 2024
 
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Yellen

US Fed ups key interest rates, hints at more hikes

The US Federal Reserve raised its benchmark interest rate on Wednesday for the first time in a year and signalled that rates could continue to rise next year more quickly than officials had expected, a report said. The increase ra

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US Fed keeps rates steady, signals hike by year-end

The US Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed Chair Janet Yellen, speaking after th

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US Fed keeps interest rates unchanged

The US Federal Reserve kept interest rates unchanged on Wednesday and signalled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years.

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Oil off 7-month high, but momentum strong

Brent crude prices inched lower on Tuesday after hitting a seven-month high a day earlier, but market momentum appeared strong on a weak dollar, French refinery restarts, Nigerian oil infrastructure attacks and falling US crude inventories.

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US Fed eyes two rate hikes this yeaar

The Federal Reserve held interest rates steady on Wednesday and indicated that moderate US economic growth and "strong job gains" would allow it to tighten policy this year, showing policymakers expected two quarter-point hikes by the

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Fed raises interest rates, cites upbeat US economy

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US central bank's policy-

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US Fed gives no certainties on rate hike

US Federal Reserve chair Janet Yellen said she was "looking forward" to an interest rate hike, but didn't indicate if it would be warranted at the Fed December meeting. She added that a US interest rate rise will be

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Asian shares erase early gains, dollar firms

Asian shares slumped on Friday, while the dollar firmed after Federal Reserve chair Janet Yellen suggested the central bank is still on track to raise interest rates later this year.   MSCI's broadest index o

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Fed pits world's woes against domestic growth

Federal Reserve policymakers appeared deeply divided on Saturday over how seriously problems in the world economy will affect the US, a fracture that may be difficult for Fed chair Janet Yellen to mend as she guides the central bank's debate

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