Tag: U.S. central bank

March 4, 2020

U.S. services sector activity accelerated to a one-year high in February, suggesting underlying strength in the economy despite the coronavirus outbreak, which has triggered financial market fears of a recession and led to an emergency interest rate cut from the […]

March 4, 2020

BEIJING – The U.S. Federal Reserve’s emergency interest rate cut gives China’s central bank much more leeway to lower its own rates, and boost the internationalization of the yuan, analysts said. In response to concerns about the new coronavirus’ economic […]

August 16, 2019

President Donald Trump wants the Federal Reserve to help head off a feared economic slowdown, but it’s not clear the central bank has enough firepower left to do so. Besides, some economists say, there’s really not much reason for the […]

July 10, 2019

U.S. Treasury yields came sharply off their highs on Wednesday as market participants said Federal Reserve Chairman Jerome Powell’s prepared remarks for his semiannual testimony to Congress suggested the U.S. central bank would go forward with an interest rate-cut in […]

March 15, 2019

Sometimes doing nothing is better than something. That’s especially true when the stakes are high and nobody really knows what the future will bring. Preserve the optionality, as it were, in trader-speak. The Federal Reserve, which tries to regulate the […]

March 11, 2019

U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretionary spending, but receipts in December were much weaker than initially thought. The report from the Commerce Department on Monday is welcome news […]

March 5, 2019

During the last few years, Boston Federal Reserve President Eric Rosengren has been one the most strident hawks at the U.S. central bank, urging continued interest-rates hikes. But on Tuesday, Rosengren changed his feathers and said he supported a “patient” […]

June 13, 2018

Investors would have to be stupid to ignore the Federal Reserve’s history of causing pain. But that is exactly what momentum investors are doing now. History repeats itself, but human nature being what it is, many investors do not learn. […]