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Showing 41 - 50 of 717 results for "The Federal Reserve"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... Treasury will make available up to US$25 billion from the Exchange Stabilisation Fund as a backstop for the BTFP, the Federal Reserve said, though noted it does not expect it will be necessary to draw on the funds. "These actions will reduce stress across ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... stock market, which fell sharply and experienced selloffs, it's since regained some ground. Last week, the Federal Reserve lifted its benchmark rate slightly by 0.25% but took the stance that the increases would continue. When questioned on how inflation ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... again thereafter. However, Solomon is confident that the terminal rate will be much lower than in the US. The Federal Reserve will pause somewhere around 5%, he said. Meanwhile, UBS expects the RBA to hike the cash rate by 25 basis points to a peak of ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... the coming month. The expectation is another 25bp increase in March which will drive rates to a peak of 5%. The Federal Reserve explained inflation has eased somewhat but remains elevated. "The Committee seeks to achieve maximum employment and inflation ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... Bank of Australia (RBA) policy is no longer relatively tight compared to other major central banks, including the Federal Reserve. "It has been taking a more balanced approach to returning inflation to target," he said. "Higher than expected December ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... right track." GSFM investment strategist Stephen Miller said last night's US core CPI result is vindication in the Federal Reserve's aggressive approach to contain inflation. "And adjustments going forward - meaning lower and limited policy increments ...

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

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until ...

Northern Trust names global macro fixed income head

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
... 30 years of experience to the newly created role, including previous roles within investment management and the Federal Reserve Board System. A long-time advisor and consultant, Bomfim brings deep knowledge of the economy and financial markets, Northern ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ...