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Federal Reserve

News on the US central bank, which influences global monetary policy, interest rates and economic stability

Fed chairman Jerome Powell speaks to reporters after the central bank paused US interest rates for a third successive meeting. Bloomberg

Fed chairman still cautious as economy heads for soft landing

EconomyDecember 14, 2023
Federal Reserve chairman Jerome Powell speaks after the US central bank paused interest rates in its final policy meeting of 2023. AP
Play18:48:32

Dow hits record high after Fed signals rate cuts

EconomyDecember 13, 2023
Heritage Village in Abu Dhabi. The UAE economy expanded by 3.7 per cent annually in the first half of the year. Victor Besa / The National

UAE Central Bank holds rates steady following Fed lead

BankingDecember 13, 2023
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. Reuters

Premature to say Fed is done raising US interest rates, chairman warns

EconomyDecember 01, 2023
The Federal Reserve building in Washington. Reuters

Fed officials offer different paths on US interest rates

EconomyNovember 28, 2023
The Federal Reserve building in Washington. Reuters

Middle East conflict adding to US economic uncertainty, Fed minutes show

EconomyNovember 21, 2023
Federal Reserve governor Lisa Cook. AFP

'Soft landing' possible but no guarantees yet, Fed governor says

EconomyNovember 16, 2023
Bank stocks are at an all-time low compared with the S&P 500 based on relative prices. AFP

Are attractively priced US bank stocks a bargain or trap?

MarketsNovember 12, 2023
Traders at the New York Stock exchange. The Nasdaq 100 took its biggest step since May. AFP

Tech stocks and calm bond market drive gains for Wall Street

MarketsNovember 11, 2023
The skyline of Manhattan, New York. Moody's affirmed the US’s long-term issuer and senior unsecured ratings at “Aaa”, citing credit and economic strengths. AFP

Moody’s changes US credit outlook to negative from stable on large fiscal deficits

EconomyNovember 11, 2023
Jerome Powell, chairman of the US Federal Reserve. US central bankers are trying to assess whether they need to take their benchmark policy rate higher. Bloomberg

Powell says Fed remains cautious but will raise rates if necessary

EconomyNovember 10, 2023
People walk past a restaurant with a hiring sign in Washington. In the US, there are indications that the labour market is slowing and wage pressures are easing. AFP

Central banks have probably reached peak interest rates

CommentNovember 04, 2023
The Federal Reserve building in Washington. The US central bank did not rule out a rate increase in the coming months. Reuters

Oil prices rise after Fed holds interest rates steady

EnergyNovember 02, 2023
'In light of the uncertainties and risks and how far we have come, the committee is proceeding carefully,' Federal Reserve Chairman Jerome Powell said. AP

US Federal Reserve holds interest rates at 22-year high

USNovember 01, 2023
The Charging Bull statue in New York's financial district. October has lived up to its reputation for volatility, as a surge in Treasury yields and geopolitical uncertainty pressured stocks. Bloomberg

US stock investors look to Treasury market as Fed looms

MarketsOctober 29, 2023
A trader works at the New York Stock Exchange. Tech was the outlier, with the Nasdaq posting near 1 per cent gains while most other indices were in the red. Reuters

Mixed earnings and rising Middle East tensions weigh on US markets

MarketsOctober 28, 2023
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