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Showing 1 - 10 of 100+ results for "US Federal Reserve"

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... have a limited understanding of the impact May's interest rate rise had on inflation. By contrast, the US Federal Reserve, the European central bank, the Bank of Japan and the Bank of England, all have access to data within weeks of making a decision." ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
The US Federal Reserve and the Bank of England have increased interest rates - with the US pulling the trigger on rates for the first time since 2018. Effective from March 17, the US Federal Reserve increased interest rates by 0.25% to 0.40%. The US ...

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
The US Federal Reserve Board is examining the pros and cons of a central bank digital currency (CBDC) as it considers whether the creation of one would improve the domestic payments system. Considering the current state of the US domestic payments system ...

DIY investors embrace Meta Platforms

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... The Bank of England became the first major central bank last month to raise rates from record lows, while the US Federal Reserve has warned investors to expect up to three rate rises this year. Despite that, electric vehicle company, Tesla, remained ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... making sure to invest "carefully and in select areas like pharmaceuticals". The International Monetary Fund and US Federal Reserve expect China's economy to grow at a healthy rate, with a forecast growth rate of 5.6% on the back of global trade activity ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
Australians all, let us rejoice... for despite the Delta-induced lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... target of 10 basis points for the April 2024 Australian Government bond" at it's 2 November Board meeting. The US Federal Reserve wasn't far behind, declaring on the 3rd of November that it would "taper" its US$120 billion a month purchases by US$15 ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
The rise and rise of measured inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
"...participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate. Participants noted that if a decision to begin ...
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