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

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... While there is a chance of such an event materialising, Yellen maintained that while the US had inflation, the Federal Reserve's tightening monetary policy was addressing recession concerns. "I don't expect the US to fall into recession; I think Europe ...

NZ Super Fund hires from ART

ELIZABETH FRY  |  FRIDAY, 13 MAY 2022
... to Auckland presently. The sovereign wealth fund also hired Kathryn Kerner as head of data analytics from the Federal Reserve Board and Rachael Le Mesurier from Oxfam Aotearoa as head of diversity, equity, and inclusion.

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... the war in Ukraine for the historical inflation being incurred in countries all over the world. Likewise, the Federal Reserve attributed the current inflationary scourge to pandemic related supply chain imbalances, higher energy prices and broader price ...

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 stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
From its daily peak, the SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." ...

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 ...

ETF Securities, 21Shares introduce market monitor

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
... Russo-Ukrainian conflict, of which capital likely came out of the equity market. Other macroeconomic triggers include the Federal Reserve's infamous interest rate hike to curb inflation which is at its 40-year-high now. The hike is expected to float ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... non-fungible token sale. The order also supports the development of a central bank digital currency, which the Federal Reserve is already consulting on. In late January the bank released a discussion paper weighing the pros and cons of introducing such ...

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 ...
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