Powell: Fed may need to raise interest rates further The US Federal Reserve may need to raise interest rates further to ensure inflation is contained Fed Chair Jerome Powell said today in remarks that … Business • 25 Aug
Dollar steady as China disappoints The dollar held firm on Monday following five straight weeks of gains, as investors looked ahead to the Federal Reserve's Jackson Hole symposium for guidance … Business • 21 Aug
Fed raises interest rates, leaves door open to another The Federal Reserve raised interest rates by a quarter of a percentage point today, citing still elevated inflation as a rationale for what is now … Business • 27 Jul
US Federal Reserve signals more hikes ahead A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain exposure to rising … Business • 15 Jun
Federal Reserve raises rates, forecasts future hike The Federal Reserve has today raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further … Business • 23 Mar
Powell: No call made yet on size of March rate rise Federal Reserve Chair Jerome Powell has said that officials have not yet made a call on the size of the rate increase they are almost … Business • 08 Mar
Fed likely needs to raise rates higher, Powell says The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in … Business • 07 Mar
Fed's Powell says more interest rate rises coming The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell has … Business • 15 Dec 22
Stocks slump to 2-year low as rates reality bites Stocks hit a two-year low today and bonds eyed big weekly losses as the prospect of US interest rates rising further and faster than expected … Business • 23 Sep 22
Fed raises rates by 0.75% and signals more to come The Federal Reserve has raised its target interest rate by three-quarters of a percentage point to a range of 3.00%-3.25% and signaled more large increases … Business • 21 Sep 22
US job growth beats expectations US employers hired far more workers than expected in July, with the unemployment rate falling to a pre-pandemic low of 3.5%, providing the strongest evidence … Business • 05 Aug 22
Federal Reserve delivers second super-sized rate hike Investors are gauging whether the US Federal Reserve has reached the peak of its aggressiveness in hiking rates, with some saying they're ready to up … Business • 28 Jul 22
Fed expected to unveil another big rate hike With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point today to battle high inflation, focus will shift … Business • 27 Jul 22
Euro closes in on dollar parity The euro neared parity with the dollar today, as traders bet on the prospect of a eurozone recession caused by soaring inflation. Business • 08 Jul 22
US sees big job gains in June, fueling inflation fears The US economy added far more jobs than expected in June and wages rose, adding fuel to worries about accelerating inflation, but giving President Joe … Business • 08 Jul 22
Fed will raise rates more aggressively if needed The US Federal Reserve must move "expeditiously" to bring too-high inflation to heel, Chairman Jerome Powell said today, adding that it could use bigger-than-usual interest … Business • 22 Mar 22
Fed likely to flag March interest rate hike The Federal Reserve is today expected to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at … Business • 26 Jan 22
European shares stage comeback on earnings cheer European shares recovered some lost ground today, following their worst sell-off since June 2020, after upbeat earnings reports from Ericsson and Logitech provided support. Business • 25 Jan 22
Fed signals bond-buying taper coming 'soon' The US Federal Reserve has cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than … Business • 22 Sep 21
Sterling inches up against dollar as US jobs disappoint Sterling rose to a three-week high on Friday after data showed the US economy created the fewest jobs in seven months in August, casting doubt … Business • 03 Sep 21
Fed chief Powell's record 'mixed', think tank says A think tank highly critical of Federal Reserve Chair Jerome Powell's record on banking regulation released an assessment of his four-year tenure that is by … Business • 23 Aug 21
Afghanistan central bank reserves 'not compromised' Despite the swift takeover of the government in Afghanistan, the Taliban will not have access to most of the nation's cash and gold stocks, the … Business • 18 Aug 21
Fed holds rates but signals two increases by end 2023 The US Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a … Business • 16 Jun 21
US Fed seeks to calm inflation fears, world stocks up Stock markets across the world have been taking a bit of a hammering this week, amid worries that US inflation is set to rise. Business • 14 May 21
US consumer prices rise modestly US consumer prices rose moderately in January as an increase in the cost of gasoline was blunted by a slump in airline fares, suggesting inflation … Business • 10 Feb 21
