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).
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.
Trump to announce China trade sanctions on Thursday
March 22, 2018 | 10:18
President Donald Trump is poised to unveil sanctions against China for the "theft" of US intellectual property on Thursday (Mar 22), a White House official said, teeing up a second potential trade war in as many months.
Dollar lower, stock markets 'tepid' before Fed
March 22, 2018 | 09:40
The dollar dropped and stock markets were mixed on Wednesday (Mar 21) ahead of a meeting of the US Federal Reserve and comments from its new boss Jerome Powell.
European stock markets wary of another swoop by hawkish Fed chief
March 02, 2018 | 11:08
LONDON: Stock markets wavered on Thursday (Mar 1) as the head of the US Federal Reserve delivered a fresh speech amid concern by investors over the pace of interest rate hikes.
European stocks slip, dollar climbs as Fed chief makes debut
February 28, 2018 | 09:20
European and US stock markets dipped on Tuesday (Feb 27) while the dollar rallied as investors dissected Federal Reserve boss Jerome Powell's comments at his congressional debut.
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