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Wednesday, January 29, 2020

US federal reserve


Explained: Significance of US Federal Reserves rate cut and its impact on India

August 02, 2019 12:13 am

The cut in interest rates on Wednesday is the first time since the 2008 financial crisis. What is ironic is that this move comes despite a strong US economy and indicators such as job market data showing renewed buoyancy.

US Fed holds rates steady, signals cuts possible later this year

June 20, 2019 7:17 am

While new economic projections showed policymakers' views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.

Explained: What is expected today at US Fed Reserve meeting, how it will impact India

June 19, 2019 8:33 pm

In light of the recent escalation of the US-China trade war and tepid economic data, this month’s FOMC meeting is being more closely watched than usual.

Federal Reserve likely to leave rates steady, despite market outlook and Trump demands

June 19, 2019 11:20 am

The central bank may nod to recent weaker-than-expected jobs numbers and softer inflation, and drop from its policy statement a pledge to be "patient" before changing rates - opening the door to a possible rate reduction later.

US President Donald Trump's Federal Reserve pick owes unpaid taxes

March 28, 2019 8:06 am

Stephen Moore is a conservative economic analyst and frequent Federal Reserve critic. He is a well-known and often polarizing figure in Washington political circles. He served as Trump's campaign adviser in 2016 and helped Trump craft his tax cut plan.

US Federal Reserve raises rates, sees at least three more years of economic growth

September 27, 2018 7:31 am

Marking the end of the era of "accommodative" monetary policy, Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2 percent to 2.25 percent.

Trump criticizes Federal Reserve interest rate policy despite strong economy

July 20, 2018 7:43 am

Trump said he was concerned about the potential impact on the US economy and American corporate competitiveness from rising rates and a stronger dollar.

US Federal Reserve raises key interest rates by 25 bps, signals possible acceleration in 2018

June 13, 2018 11:56 pm

The Fed has raised rates seven times since late 2015 on the back of the economy's continuing expansion and solid job growth, rendering the language of its previous policy statements outdated.

Federal Reserve chairman vague on trade risks; his next No. 2, anything but

April 07, 2018 1:07 pm

China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods.

US: Fed raises key rate and foresees 2 more hikes this year

March 22, 2018 6:46 am

The economy is growing moderately and "job gains have been strong in recent months,'' Fed policymakers say in a statement following the conclusion of its two-day meeting.