US dollar slips after Fed holds interest rates steady
Euro was up to 1.1764 US dollar from 1.1721 dollars in the previous session, and the British pound increased to 1.2961 dollars from 1.2943 US dollars
Latest in Tag: Fed Highlight
Latest in Tag: Fed
Fed rate cuts contradictory statement causes market confusion
Monetary easing from Fed could help EM central banks to cut rates
Guggenheim CIO Minerd sees no Fed rate hikes in 2019, good year for EM
Governments need to provide incentives, set boundaries, regulations to boost sustainable investments, says Guggenheim Partners CIO Scott Minerd
Fed chair denounces proposed law as ‘grave mistake’
Federal Reserve chief Janet Yellen has warned Congress against passing a law that would require interest rates to be set based on a mathematical rule. Legislators just don’t know enough about the economy, she said. After American legislators from both parties called for the Fed to be subject to tighter controls, Yellen on Tuesday wrote …
Fed keeps rates steady as US data worsen
The US Fed has kept its interest rates unchanged, with analysts growing increasingly skeptical about prospects for the central bank to tighten monetary policy before the end of the year given weakening economic data. The world’s most powerful central bank hasn’t hiked rates in about a decade, and analysts as well as investors didn’t expect …
US stocks volatile after Fed keeps rate steady
US stock markets swung between big gains and losses after the Fed kept interest rates near zero. Investors struggled to decide how to interpret the decision and what it means for the health of the US economy. Wall Street gave up a rally of more than 1 percent on Thursday, after the Federal Reserve decided …
Opinion: Fed regulators are afraid of their own courage
The Fed continues to hold off on turning around interest rates. The decision is the right one because it is based on economic reality and it helps many emerging economies, DW’s Andreas Rostek writes. In German, the phrase “afraid of their own courage” is used for people who hold back when they could probably do …
China turmoil, Fed hikes weigh on G20 meeting
Recent market volatility in China will top the agenda as bank chiefs and finance ministers convene in Ankara, Turkey, to discuss how to soothe the global economy. They may also discuss the prospect of a Fed rate hike. Investors around the world have been on tenterhooks ever since a recent plunge in Chinese stocks trigged …