U.S. Federal Reserve

The Latest

  • U.S. Inflation Starting To Cool But Process 'Not Going To Be Smooth,' Fed Chair Says
    Federal Reserve Chair Jerome Powell.
    The process of lowering inflation "has a long way to go," Federal Reserve Chair Jerome Powell warns
  • Fed Chair Maintains Central Bank Will Not Get Involved In Climate Issues
    Jerome Powell
    Chief Jerome Powell’s statement follows calls from some Democrats for the Fed to play a more active role in addressing climate change
  • Fed Says No Interest Cuts In 2023 With Inflation Remaining High
    Federal Reserve
    Fed policymakers believe "a restrictive policy stance would need to be maintained" until data shows inflation is on a sustained downward path
  • Dollar Struggles To Gain Foothold As Inflation Rise Eases
    Sheets of former U.S. President Abraham Lincoln on the five-dollar bill.
    The Federal Reserve of the U.S. is widely predicted to raise interest rates by 50 basis points
  • Fed Chair Predicts U.S. Rate Hikes Will Slow In December
    Federal Reserve building
    The Federal Reserve continues its vigorous campaign to combat the U.S. inflation crisis
  • Asia Indexes Down Friday As China Regulation Continues To Concern
    FIRED
    MSCI's broadest index of Asia-Pacific shares fell 0.84%, taking its losses for the week to more than 6.5%.
  • Asia Share Indexes Calm After U.S. Federal Reserve Meeting
    Gold
    MSCI's broadest index of Asia-Pacific shares bounced 1.1%, having slid to its lowest since early December Wednesday.
  • China Economic Data Not Great But Boosts Regional Indexes
    Hong Kong exchnage shares
    MSCI's broadest index of Asia-Pacific shares gained 0.4%, with Hong Kong's Hang Seng rising 1.0%.
  • China Share Prices Down On Xi Saber Rattling
    China centennial
    Japan's Nikkei rose and most other markets held gains but MSCI's Asia-Pacific index fell owing to the declines in China and Hong Kong.
  • Asia Indexes Quiet On Coronavirus Infections, Lockdowns, U.S. Labor Data
    U.S. jobs
    Japan's Nikkei was 0.3% lower while MSCI's index of Asia-Pacific shares fell 0.2%. Hong Kong was shut for a holiday.
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