June 29, 2021 | 23:16
The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
October 31, 2019 | 10:06
The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday (Oct 30) but is likely to hold off before providing more stimulus as it gauges economic risks.
June 07, 2019 | 18:00
Shares accelerated growth in Friday’s afternoon session, driven by improved sentiment in both local and regional markets on hopes the US Federal Reserve (Fed) lowers its interest rate twice this year.
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.