Federal Reserve Cuts Interest Rates For First Time Since 2008
Business | Thomson Reuters | Thursday August 1, 2019
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
Rupee Moves Higher To 68.32 Against Dollar
Business | Agencies | Thursday July 11, 2019
Rupee strengthened in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month, forex traders were cited as saying in news agency Press Trust of India (PTI) report.
Facebook Libra Digital Currency Raises 'Serious Concerns', US Fed Chief Says
Reuters | Thursday July 11, 2019
US Federal Reserve Chairman Jerome Powell said that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed.
Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook
World News | Reuters | Thursday July 11, 2019
US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin.
Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
World News | Reuters | Friday June 21, 2019
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
US Central Bank Holds Rates Steady, Sees No Strong Case For Moving In Either Direction
Business | Thomson Reuters | Thursday May 2, 2019
Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.
Macro Data, Q3 Results, Crude Oil Prices To Guide Markets Next Week: Experts
Business | Indo-Asian News Service | Sunday December 30, 2018
Last week, global relief rally following the resolution of a standoff between US President Donald Trump and Federal Reserve Chairman Jerome Powell lifted the equity markets.
Trump Discussed Firing US Central Bank Chief After Rate Hike: Report
World News | Jennifer Jacobs, Saleha Mohsin and Margaret Talev, Bloomberg | Saturday December 22, 2018
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following this week's interest-rate increase and months of stock-market losses, according to four people familiar with the matter.
Federal Reserve Says Rates "Near Neutral", Hints End To Aggressive Hikes
Business | Thomson Reuters | Thursday November 29, 2018
Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy US economy.
Rupee At 3-Month High As US Top Bank Signals End To Tightening Cycle
Business | Thomson Reuters | Thursday November 29, 2018
Rupee Vs Dollar: The partially convertible rupee was at 70.13 per dollar after touching 70.03 earlier, its strongest level since August 28. It had ended Wednesday at 70.6250.
US Federal Reserve Keeps Interest Rates Unchanged
Business | Thomson Reuters | Friday November 9, 2018
"The labour market has continued to strengthen and ... economic activity has been rising at a strong rate," the US central bank said, leaving intact its plans to continue raising rates at a gradual pace.
Donald Trump Calls US Federal Reserve His "Biggest Threat"
World News | Agence France-Presse | Wednesday October 17, 2018
President Donald Trump reignited his controversial criticism of the central bank Tuesday, calling the Federal Reserve his "biggest threat."
US Central Bank Raises Interest Rates, Sees At Least 3 More Years Of Growth
Business | Thomson Reuters | Thursday September 27, 2018
Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 per cent to 2.25 per cent. The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.
US Federal Reserve Keeps Interest Rates Unchanged
Business | Thomson Reuters | Thursday August 2, 2018
The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central bank's 2 per cent target since its last policy meeting in June, when it raised rates.
US Central Bank Lifts Rates Amid Stronger Inflation, Drops Crisis-Era Guidance
Business | Thomson Reuters | Thursday June 14, 2018
The Fed's move was widely expected but still marked a milestone in the US central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.
Federal Reserve Cuts Interest Rates For First Time Since 2008
Business | Thomson Reuters | Thursday August 1, 2019
Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.
Rupee Moves Higher To 68.32 Against Dollar
Business | Agencies | Thursday July 11, 2019
Rupee strengthened in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month, forex traders were cited as saying in news agency Press Trust of India (PTI) report.
Facebook Libra Digital Currency Raises 'Serious Concerns', US Fed Chief Says
Reuters | Thursday July 11, 2019
US Federal Reserve Chairman Jerome Powell said that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed.
Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook
World News | Reuters | Thursday July 11, 2019
US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin.
Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
World News | Reuters | Friday June 21, 2019
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
US Central Bank Holds Rates Steady, Sees No Strong Case For Moving In Either Direction
Business | Thomson Reuters | Thursday May 2, 2019
Fed policymakers said ongoing economic growth, a strong labour market and an eventual rise in inflation were still "the most likely outcomes" as the US expansion nears its 10-year mark.
Macro Data, Q3 Results, Crude Oil Prices To Guide Markets Next Week: Experts
Business | Indo-Asian News Service | Sunday December 30, 2018
Last week, global relief rally following the resolution of a standoff between US President Donald Trump and Federal Reserve Chairman Jerome Powell lifted the equity markets.
Trump Discussed Firing US Central Bank Chief After Rate Hike: Report
World News | Jennifer Jacobs, Saleha Mohsin and Margaret Talev, Bloomberg | Saturday December 22, 2018
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following this week's interest-rate increase and months of stock-market losses, according to four people familiar with the matter.
Federal Reserve Says Rates "Near Neutral", Hints End To Aggressive Hikes
Business | Thomson Reuters | Thursday November 29, 2018
Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy US economy.
Rupee At 3-Month High As US Top Bank Signals End To Tightening Cycle
Business | Thomson Reuters | Thursday November 29, 2018
Rupee Vs Dollar: The partially convertible rupee was at 70.13 per dollar after touching 70.03 earlier, its strongest level since August 28. It had ended Wednesday at 70.6250.
US Federal Reserve Keeps Interest Rates Unchanged
Business | Thomson Reuters | Friday November 9, 2018
"The labour market has continued to strengthen and ... economic activity has been rising at a strong rate," the US central bank said, leaving intact its plans to continue raising rates at a gradual pace.
Donald Trump Calls US Federal Reserve His "Biggest Threat"
World News | Agence France-Presse | Wednesday October 17, 2018
President Donald Trump reignited his controversial criticism of the central bank Tuesday, calling the Federal Reserve his "biggest threat."
US Central Bank Raises Interest Rates, Sees At Least 3 More Years Of Growth
Business | Thomson Reuters | Thursday September 27, 2018
Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 per cent to 2.25 per cent. The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.
US Federal Reserve Keeps Interest Rates Unchanged
Business | Thomson Reuters | Thursday August 2, 2018
The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central bank's 2 per cent target since its last policy meeting in June, when it raised rates.
US Central Bank Lifts Rates Amid Stronger Inflation, Drops Crisis-Era Guidance
Business | Thomson Reuters | Thursday June 14, 2018
The Fed's move was widely expected but still marked a milestone in the US central bank's shift from policies used to battle the 2007-2009 financial crisis and recession.
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