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.
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).
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
December 26, 2018 | 08:42
With the stock market on track for its worst December since the Great Depression, Trump berated the Federal Reserve for its stewardship of the economy.
December 21, 2018 | 12:18
European stock markets slumped on Thursday (Dec 20) as investors were seized by fears that the US Federal Reserve hiking interest rates could choke economic growth.
December 18, 2018 | 09:18
US President Donald Trump again lashed out at the Federal Reserve on Monday (Dec 17) for considering raising interest rates, on the eve of a meeting at which policymakers are widely expected to do so.