Tag: central bank

February 21, 2020

Markets expecting an interest rate cut are reacting to the coronavirus scare and likely will reverse once the fear starts to fade, St. Louis Fed President James Bullard said Friday. Central bank officials have indicated that they are content to […]

January 2, 2020

U.S. Treasury yields slipped Thursday in the first trading session of 2020, even though investors were scooping up risk assets such as equities as fears of a global economic slowdown diminished and investors remained optimistic about a partial resolution of […]

December 17, 2019

On Nov. 25, 2008, the Federal Reserve launched the shot heard around the financial world. The central bank announced it would start using digitally created money to buy mortgage debt in an effort to drive down interest rates and resuscitate […]

December 11, 2019

WASHINGTON — The Federal Reserve is expected to leave interest rates unchanged at its final meeting of the year on Wednesday as officials wait to see how the economy fares after they cut rate three times in 2019. The Fed […]

November 13, 2019

WASHINGTON — Jerome H. Powell, the Federal Reserve chair, will paint an optimistic picture of the United States economy in testimony before Congress on Wednesday, though he warns that threats to the outlook persist. “In particular, sluggish growth abroad and […]

October 22, 2019

Wall Street is getting worried that the Federal Reserve’s aggressive efforts to control short-term borrowing rates have run into some potholes, with more danger ahead. The central bank has been working feverishly to address issues that popped up more than […]

September 4, 2019

New York Fed President John Williams said that his “number one goal” was to keep the economic expansion on track, but he was noncommittal about what the central bank should do at its next policy meeting later this month. In […]

August 23, 2019

U.S. Treasury yields rose Friday as traders wait for Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium in Wyoming, where he may give clues to the central bank’s next moves. What are Treasurys doing? The 10-year Treasury […]

July 31, 2019

U.S. stock index were poised to rise Wednesday, in the final trading day of the month, ahead of a crucial Federal Reserve policy decision that is widely expected to result in the first interest-rate cut in more than a decade. […]

July 10, 2019

Federal Reserve Chairman Jerome Powell said Wednesday that the U.S economy is suffering from a bout of uncertainty caused by trade tension and slower global growth and he pledged again that the central bank would act as needed to support […]

July 2, 2019

The Federal Reserve can afford to stand its ground on interest rates while it watches how challenges to economic growth unfold, Cleveland Fed President Loretta Mester said Tuesday. Speaking in London, the central bank official said she holds a “positive […]

May 6, 2019

With the Federal Reserve on pause with interest rates at the low level of 2.25% to 2.5%, Fed officials are starting to wonder: is the central bank ill-equipped to deal with the next crisis? And would negative interest rates be […]

February 21, 2019

The Federal Reserve is likely near the end of interest rate increases and the program to reduce the bonds it holds on its balance sheet, St. Louis Fed President James Bullard said Thursday. “I think the message from my point […]

January 9, 2019

As President Donald Trump jawbones the Federal Reserve, the likelihood that he’s going get what he wants this year from the central bank continues to grow. Markets expect the Fed to hold off on rate hikes and are even anticipating […]

December 20, 2018

The widely expected interest rate hike was announced at the end of the two-day Federal Reserve Open Market Committee (FOMC) meeting yesterday. The federal funds rate, increased for the fourth time this year, now stands at 2.25-2.50%. Despite this, majority […]

December 17, 2018

The dollar slipped versus it major rivals on Monday as investors got ready for a flurry of monetary-policy decisions in a data-heavy week. The ICE U.S. Dollar Index DXY, -0.25% which measures the greenback against a basket of six rivals, […]

December 6, 2018

The Federal Reserve rejected Wells Fargo’s plan to prevent more consumer abuses by the embattled bank, adding it needs stronger checks on the company’s management, Reuters reported citing three people with knowledge on the matter. According to the report, the […]

October 24, 2018

Deutsche Bank AG shares were hovering near an all-time low on Wednesday, as the German financial giant got hit hard by earnings news, action which bucked overall upbeat markets elsewhere, as Europe stocks shot higher. How did markets perform? The […]

September 12, 2018

Despite a muted start to the month, the bull case for the U.S. dollar remains intact as the Federal Reserve is seen blazing ahead in raising interest rates, leaving other central banks behind. Net long positions in the U.S. dollar […]

August 8, 2018

With the trade war causing market volatility and central banks on a mission to tighten monetary policies, wealth managers are calling for a shift in investing strategies. Still, they predicted that investors will likely face lower returns ahead. Rainer Michael […]