federal reserve

Fed Increases Key Interest Rate by 0.25% In Spite of Warnings from President Trump

The Federal Reserve has raised interest rates again despite President Donald Trump’s opposition. The Fed's key interest rate has been…

6 years ago

Euro Hits $1.20 for First Time Since January 2015

The euro has reached an 18-month high against US dollar as the prospect of a US interest rate rise recedes.…

7 years ago

Fed Raises Key Interest Rate from 1% to 1.25%

The Federal Reserve has raised its key interest rate by 0.25% for the second time this year. It voted to…

7 years ago

Fed Raises Interest Rate by 0.25% for Third Time In A Decade

The Fed has raised its benchmark interest rate by 0.25% for only the third time in a decade. It voted…

8 years ago

Federal Reserve Remains Positive on Economy and Leaves Interest Rates Unchanged

The Federal Reserve remained positive on the economy, as it kept interest rates on hold in its first meeting since…

8 years ago

Fed Raises Interest Rate from 0.5% to 0.75% on Stronger Economic Growth

The Fed has decided to raise its benchmark interest rate by 0.25%, from 0.5% to 0.75%, citing a stronger economic…

8 years ago

US Economic Growth Revised Upwards for Q4 2015

The US growth rate has been revised upwards for Q4 of 2015, according to the latest official figures. The economy…

9 years ago

Janet Yellen: US Financial Conditions Become Less Supportive of Growth

The head of the Federal Reserve, Janet Yellen, has warned financial conditions in the US had become "less supportive" of…

9 years ago

US Economy Gains 211,000 Jobs in November 2015

US economy added 211,000 jobs in November 2015, slightly above expectations. According to the Bureau of Labor Statistics data, the…

9 years ago

Deutsche Bank Fined $258 Million for Working with Iran and Syria

Deutsche Bank has been fined $258 million by the New York State Department of Financial Services and the Federal Reserve…

9 years ago

US Economy Slows in Q3 2015

US economic growth slowed sharply in Q3 of 2015. According to the Department of Commerce, the US gross domestic product…

9 years ago

US Economic Growth Revised up in Q2 2015

According to revised official figures, the US economy expanded more than previously estimated in Q2 2015. The US Commerce Department…

9 years ago

Weak Global Economy Spark Falling of Shares and Oil Prices

Oil prices and stock markets around the world have seen further falls, sparked by the renewed fears over the health…

9 years ago

Deutsche Bank and Banco Santander fail Fed’s annual stress test

US units of Deutsche Bank AG and Banco Santander SA have failed a US "stress test" designed to assess whether…

10 years ago

US economy grows at 3.5% annual pace in Q3 2014

The US economy grew at an annual rate of 3.5% in Q3 2014, the Commerce Department has announced. That was…

10 years ago

Fed ends quantitative easing stimulus program

The Fed is ending its quantitative easing (QE) stimulus program begun in 2008. The central bank said it was confident…

10 years ago

Fed cuts growth forecast for 2014

The Fed has cut its growth forecast for 2014 due to the harsh winter weather. The US central bank is…

10 years ago

US economy added 162,000 new jobs in July

The US Labor Department has announced that the country’s economy added 162,000 new jobs in July. The figure - which…

11 years ago

US economic growth beats forecasts in Q2 2013

The US economy grew at an annualized pace of 1.7% in the second quarter of 2013, the Commerce Department has…

11 years ago

Global stock markets fall after Federal Reserve comments

Global stock markets have fallen after some members of the Federal Reserve suggested its stimulus measures may be increasing the…

12 years ago

US unemployment remains elevated, says Federal Reserve

The Federal Reserve has reiterated that the US economy is only growing slowly, and that the country's unemployment rate "remains…

12 years ago

The Explanation for Unpayable Debts

That's what we use: money based on debt. If we don't have debt, we don't have money. When the debt…

12 years ago

Oil prices rise for the eight session in a row after Fed move

Oil prices rose for the eighth session in a row, with Brent crude trading near a four-month high, boosted by…

12 years ago

Fed acts to bolster US economy

The US central bank has announced it will resume its policy of pumping more money into the economy via so-called…

12 years ago