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Showing 141 - 150 of 159 results for "Federal Funds Rate"

US dollar slips after Federal Reserve cuts key interest rate

AAP  |  THURSDAY, 1 MAY 2008
... $US1.9893 from $US1.9681, while the dollar was unchanged at 104.17 Japanese yen. The Fed's action pushed the federal funds rate down to 2 per cent, its lowest level since late 2004. It marked the seventh consecutive rate cut by the central bank since ...

US Fed back in the lead

ALEX DUNNIN  |  TUESDAY, 8 APR 2008
... discount rate. It has lengthened the period of discount window borrowing from 30 to 90 days. It has lowered the Federal funds rate 300 basis points from the peak, including a "baby steps" pattern of 25 and 25 basis points in the last two months of 2007 ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 MAR 2008
The Australian share market is expected to open lower following slides in commodity prices, particularly oil and gold, while investors in New York took profits following the US Federal Reserve-induced rally on Tuesday. Crude oil fell almost $US5 on ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JAN 2008
... Responding to a global stock market rout early last week, the Fed chopped rates by 75 basis points bringing the federal funds rate down to 3.5 per cent. At 0750 AEDT on the Sydney Futures Exchange, the March share price index futures contract was up ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 JAN 2008
... Responding to a global stock market rout early last week, the Fed chopped rates by 75 basis points bringing the federal funds rate down to 3.5 per cent. At 0745 AEDT on the Sydney Futures Exchange, the March share price index futures contract was up ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 SEP 2007
... stock market overnight, which had flowed on to the local bourse. Overnight, the US Federal Reserve cut its base federal funds rate by 50 basis points to 4.75 per cent, as a credit crunch generated by defaults in the US sub-prime mortgage market threatened ...

Market wrap

AAP  |  FRIDAY, 30 JUN 2006
... interest-rate increase. In a widely expected decision, the central bank voted unanimously to lift the benchmark federal funds rate a quarter-percentage point to 5.25 per cent but said moderating growth could limit future inflation. The Nasdaq Composite ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 15 MAY 2006
... US Federal Reserve, as expected, announced another 25 basis point tightening in monetary policy, taking the federal funds rate target to 5 per cent. Investors' concerns were not eased by the Fed's accompanying statement where the Federal Open Market ...

Daily economic update

... central banks. The US Federal Reserve has raised interest rates 15 times since June 2004. It last raised the federal funds rate only last month to a seven-year high of 4.75 per cent and is expected to raise rates further. The European Central Bank has ...

Daily economic update

To no one's surprise, the US Federal Reserve's Federal Open Market Committee (FOMC) raised the federal funds rate by 25 basis points to 4.75 per cent. It also lifted the discount rate to 5.75 per cent. The accompanying statement said that the rebound ...