Tag - Federal Reserve
The Fed has become rather agile reacting quickly to any signs of further downturn in the US economy. In keeping with the current trend of monetary activism, the Federal Reserve has further reduced the Fed rate by half basis point to 3%. This rate cut...
The Federal Reserve cut the Fed rate or the main interest rate by 25 basic points on Tuesday to 4.25%. Contrary to the expectations of most investors, the Fed did not reduce the bank rate by 50 basic points. A disappointed equity market responded by a...
A still buoyant Wall Street closed moderately lower yesterday, having scratch its way back from an early-session nose-dive after positive manufacturing data dispelled fears of flagging US economy. The Dow Jones industrials average closed 34 points...
The Federal Reserve has indicated that it can raise interest rates if inflation moved up. The Fed's Chairman Ben S. Bernanke while maintaining that the US economy might be stronger than it appears, repeated that the central bank was monitoring...
The Federal Reserve is broadly believed to keep a short-term interest rate unchanged for the fifth successive time in its forthcoming meeting on January 31. However, experts and Wall Street keeping a close eye on the Federal Reserve's policy...
Asian stock markets went down sharply in the wake of subdued economic growth in the U.S. and the China's decision to control the surging stock market. Amidst growing speculations that Federal Reserve is unlikely to cut interest rate this time...
Notwithstanding with the optimist forecast, the US economy growth rate in the third quarter touched a new low as housing market continues to shake consumer confidence. Gross domestic production of the U.S. rose by 2 percent in the third quarter...
The recent report from the Labor Department has shocked the economists and analysts as it held that Consumer Price Index remained flat in November. The Federal Reserve might have taken a sigh of relief as it was struggling to check the inflation...
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