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Showing 851 - 860 of 994 results for "US Federal Reserve"

Fed shoots from the hip

SUZY MAC  |  MONDAY, 20 AUG 2007
In a huge turnaround of priorities, the US Federal Reserve, which last week was more concerned about inflation than a sub-prime activated credit crunch, decided to cut its discount rate by 0.5 per cent to 5.75 per cent. The Fed charges this rate on ...

Market wrap - morning

AAP  |  MONDAY, 20 AUG 2007
The Australian sharemarket is expected to open significantly higher today after the US Federal Reserve took action to stabilise credit markets, which lifted US markets. At 0806 AEST, the September Share Price Index was up 190 points at 5778 on the Sydney ...

The price of pain

SUZY MAC  |  MONDAY, 13 AUG 2007
... gripped global markets and prompted some major central bank interventions against a complete credit crunch. The US Federal Reserve added to its US$24 billion (28.43 billion) cash injection on Thursday by adding another US$45.02 billion (45.02 billion) ...

Market wrap - morning

AAP  |  MONDAY, 13 AUG 2007
... higher, while the Nasdaq and Dow finished well off their session lows. In an effort to calm the market, the US Federal Reserve added cash to the banking system three times -- $US38 billion in all -- and issued a statement that it would provide sufficient ...

Liquidity evaporates

SUZY MAC  |  FRIDAY, 10 AUG 2007
... worst rout since 2002. Overnight, evaporating liquidity in money markets saw the European Central Bank, and the US Federal Reserve forced to inject cash into the banking system to buoy the drowning markets. The ECB injected A$153.6 billion (a,-94.841) ...

Rate hike to launch dollar?

SUZY MAC  |  WEDNESDAY, 8 AUG 2007
... required in order to keep inflation consistent with the target in the medium term," he said. Overnight the US Federal Reserve left their rates unchanged at 5.25 per cent and the Federal Open Market Committee (FOMC) suggested that volatile financial markets ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 AUG 2007
... 0.56 per cent, at 2,561.60. LONDON - Britain's leading share index rallied nearly two per cent ahead of the US Federal Reserve's interest rate verdict, as investors scooped up battered banking and property stocks. The FTSE 100 closed up 119.7 points ...

Market Wrap - Midday

AAP  |  MONDAY, 16 JUL 2007
... potential to move the Australian dollar. "There'll also be a lot of focus on what's happening in the US," he said. US Federal Reserve chairman Ben Bernanke will deliver the central bank's mid-year monetary policy report on Wednesday. "Depending on what ...

Market wrap - morning

AAP  |  FRIDAY, 6 JUL 2007
... of 110,000 new jobs. Grange Securities chief economist Stephen Roberts said the good economic news meant the US Federal Reserve would be less inclined to cut interest rates. "Relatively strong US employment growth implies moderate US economic growth ...

Economic round-up: Greenspan versus the poet

SUZY MAC  |  WEDNESDAY, 13 JUN 2007
... the economy. In stark contrast to China's inability to walk the talk of the experts, every time the former US Federal Reserve Chairman, 81 year-old Alan Greenspan, opens his mouth it seems that US markets react. At a conference in New York, Greenspan ...