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U.S. Federal Reserve News
U.S. Federal Reserve
UK economy may need more help as trade war, Brexit risks grow: BoE Governor Mark Carney
Wed, Jul 03, 2019
Bank of England Governor Mark Carney said a global trade war and a no-deal Brexit were growing risks to Britain`s economy which might need more help to cope with a downturn, prompting investors to increase their bets on a BoE interest rate cut.
Timeline: Key events for the Federal Reserve in 2013 - the year of the ''taper tantrum''
Sat, Jan 12, 2019
On Friday, the Fed released the full transcripts of policymakers` deliberations from the eight meetings in 2013, which was Jerome Powell`s first full year on the Fed`s board of governors. He succeeded Janet Yellen as Fed chief in early 2018.
IMF warns trade friction, market turmoil to hurt Asian growth
Fri, Oct 12, 2018
Sustained trade tensions could slash Asia`s economic growth by up to 0.9 percentage point in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.
US Fed leaves rates unchanged, sees inflation rising this year
Thu, Feb 01, 2018
Citing solid gains in employment, household spending and capital investment, the Fed said it expected the economy to expand at a moderate pace
Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike
Wed, Jul 12, 2017
Gold prices edged further away from a 4-month low on Wednesday, as investors awaited testimony from U.S. Federal Reserve Chair Janet Yellen and central bank officials expressed caution about further interest rate hikes. FUNDAMENTALS
Gold edges up on Europe political risk, but US rate outlook drags
Mon, Mar 13, 2017
Gold prices inched up on Monday on safe-haven demand ahead of elections in Europe, moving further away from 5-week lows touched late last week in expectation of an imminent rise in U.S. interest rates.