Fed seen waiting until September to cut rates
THE Federal Reserve will wait until September to start cutting interest rates, traders bet on Wednesday (Apr 10), after a ...
Tag: US Federal Reserve
BIS and seven central banks to test tokenisation of cross-border payments
THE Bank for International Settlements (BIS) and seven central banks including the Federal Reserve Bank of New York will test ...
UOB slashes One savings account interest rates from May 1
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts ...
US February inflation data ‘along the lines’ of what Fed wants, Powell says
THE latest US inflation data is “along the lines of what we would like to see”, Federal Reserve chair Jerome ...
Fed’s balancing act could see June rate cut in play even with sticky inflation
FEDERAL Reserve chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the ...
Fed’s operating losses swelled to record US$114.3 billion in 2023
THE Federal Reserve’s expenses exceeded its earnings in 2023 by US$114.3 billion, its largest operating loss ever, forcing the US ...
US Federal Reserve Pauses Rate Hikes But Signals More Tightening Ahead
The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes.Washington: The US Federal Reserve voted ...
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