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Showing 21 - 30 of 964 results for "US Federal Reserve"

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until inflation subsides, or economic growth flattens, Saxena estimated. "Given the Federal Reserve's ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... a 25bp hike potentially burdensome." Solomon added that due to global inflation running extremely high, the US Federal Reserve has increased its 2022 yearend rate projection by an additional 100bps. In response, the Australian dollar has suffered. "While ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... in financial markets is never easy, and no one has a crystal ball. We used to be in an environment where the US Federal Reserve was incredibly supportive of risk assets, she notes. "The Fed had inflation under control and was seeking to stimulate the ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... and approach of the project. A report on the findings of the review will be published at its conclusion. The US Federal Reserve is also currently examining the pros and cons of a CBDC to improve its domestic payments system. Its project launch came shortly ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
Federal Reserve chair Jerome Powell flagged that the US Federal Reserve had to raise rates rapidly to mitigate higher inflation, even if that increased recession risks. Speaking at the European Central Bank Forum in Portugal, Powell said: "Our aim is ...

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 ...