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Showing 411 - 420 of 427 results for "FOMC"

Daily economic update

... Chairman Alan Greenspan's retirement and last Federal Open Market Committee meeting dominated overseas news. As expected, the FOMC unanimously voted to raise the fed funds rate by 25 basis points to 4.50 per cent last night. The word 'measured pace' ...

Daily Economic Update

... consumer spending as high petrol prices erode funds for discretionary purchases. Overseas, the US Federal Open Market Committee (FOMC) meets tonight and is expected to raise rates for the 14th consecutive meeting to 4.5 per cent. What ordinarily would ...

Weekly economic round-up

... this week. However, this might be overshadowed by US monetary policy deliberations by the Federal Open Market Committee (FOMC) given that this will be Alan Greenspan's final meeting as Fed Chairman. He will be replaced by Ben Bernanke.

Market wrap

... time and signaled its rate-raising campaign has entered a final stage. What caught Wall Street's attention, though, was the FOMC's statement announcing its decision, in which the Fed dropped its long-standing characterization of monetary policy as "accommodative" ...

Weekly economic roundup

... Organisation of Petroleum Exporting Countries (OPEC). Last week, the US Federal Reserve's Federal Open Market Committee (FOMC) also voted to raise interest rates by 25 basis points to 3.75 per cent. In a statement following its decision, the FOMC noted ...

Economic roundup

... and in Vienna (where OPEC is meeting). In the US, the Federal Reserve will hold its regular Federal Open Market Committee (FOMC) meeting to deliberate on monetary policy settings. There is uncertainty surrounding the Fed's decision on interest rates ...

Fed leaves US rates unchanged, pledges patience

AAP  |  WEDNESDAY, 17 MAR 2004
... growth were roughly balanced and repeated that chances of a drop in prices were nearly the same as an inflation pickup. The FOMC also repeated it could afford to be "patient" about raising rates, implying that policy-makers feel scant pressure to boost ...

Morning Market Wrap: Dollar weaker on US unit comeback

... six-year highs, has since yesterday been weighed on by positive rumblings from the US Federal Reserve Open Markets Committee (FOMC). The FOMC kept the 1.00 per cent funds rate on hold but signaled that the economy had improved in general, which proved ...

FOMC to meet next week, unlikely to change interest rates: ICAP

The meeting next Tuesday by the Federal Open Market Committee (FOMC) will look to reassess the outlook for the US economy and adjust interest rates and the accompanying balance of risks statement accordingly. In its latest Weekly Insights by ICAP, its ...

Morning market wrap: US shares up on low volumes

... index added 28.9 points (0.7%) to close at 4,176.7. But the US treasuries market dipped slightly ahead of the forthcoming FOMC meeting tonight AEST. The yield on the 10-year bond rose eight basis points to 4.36%. The US dollar also weakened as traders ...