Federal Reserve

Experts ponder exchange rate prospects for 2025

January 03, 2025 | 16:54

The VND-USD exchange rate has been fluctuating continuously throughout 2024.

Gold hits another record high on Fed rate cut bets

April 01, 2024 | 15:07

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

US Fed official says 'premature' to expect rate cuts soon

January 22, 2024 | 16:26

The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the corner, a senior US central bank official said Friday.

Markets gain as Fed unveils taper plan, says patient on rates

November 04, 2021 | 15:57

Markets rose Thursday to track another record on Wall Street after the Federal Reserve said it would this month start tapering its pandemic support programme but would be patient in hiking interest rates as the economy continues to recover.

Some business models won't survive post-pandemic: Fed minutes

May 21, 2020 | 13:00

WASHINGTON, DC: Some types of businesses may not be able to survive in the post-pandemic world even after the American economy recovers from the coronavirus, the US Federal Reserve said on Wednesday (May 20).

Oil prices soar again on Mideast tension

September 20, 2019 | 09:51

Oil prices shot higher on Thursday (Sep 19) on fresh supply concerns in the Middle East, while stocks climbed on the US Federal Reserve's decision to cut interest rates.

VN stocks lose ground following Fed move

September 19, 2019 | 17:21

Viet Nam’s benchmark VN-Index fell on Thursday morning, dragged down by food and beverage and agriculture sectors following the US central bank Fed’s meeting.

Fed will remain flexible, rates not on 'preset course': Minutes

August 22, 2019 | 11:25

The US Federal Reserve will remain flexible and interest rates will not be on a "preset course" despite persistent risks from trade uncertainty and weak global growth, the central bank said on Wednesday (Aug 21).

Dow ends above 27,000 points for first time, S&P 500 hits record

July 12, 2019 | 09:03

The Dow surged above 27,000 points for the first time on Thursday (Jul 11), closing at a fresh record on optimism over an expected Federal Reserve interest rate cut later this month.

S&P 500 hits 3,000 for first time as Fed signals possible rate cut

July 11, 2019 | 09:24

The S&P 500 surged past 3,000 points for the first time on Wednesday (Jul 10) in early trading following congressional testimony from Federal Reserve Chairman Jerome Powell that pointed to a possible interest rate cut.

Door open to US rate cut as Fed's Powell flags economic uncertainties

July 11, 2019 | 09:21

Federal Reserve Chair Jerome Powell on Wednesday (Jul 10) left the door open to an interest rate cut this month, pointing to uncertainty about trade frictions and global growth.

Dow, S&P 500, Nasdaq end at records ahead of Jul 4 holiday

July 04, 2019 | 10:11

Wall Street stocks surged to records on Wednesday (Jul 3) in a holiday-shortened session as a plethora of mixed US economic data appeared to boost the odds of a Federal Reserve interest rate cut.

European stock markets hold their breath before Fed update

June 20, 2019 | 10:17

European stock markets on both sides of the Atlantic paused on Wednesday (Jun 19) after the previous session's strong rally, as investors awaited a key monetary policy update from the Federal Reserve.

Dow ends up 2.1pc as Fed chief signals openness to rate cut

June 05, 2019 | 09:40

Wall Street stocks rocketed higher on Tuesday (Jun 4), shrugging off recent weakness as the US Federal Reserve chief signalled greater openness to cutting interest rates.

Dow, S&P 500 dip as markets eye Fed, trade talks

March 20, 2019 | 09:45

Wall Street stocks finished mostly lower on Tuesday (Mar 19) following conflicting reports on US-China trade talks and as the Federal Reserve began a two-day monetary policy meeting.