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Showing 1 - 10 of 38 results for "Federal Reserve official"

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

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 ...

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." ...

Market Wrap AM

AAP  |  WEDNESDAY, 11 DEC 2013
The Australian market looks set to open lower following slides on international markets after a US Federal Reserve official said there could be a small cut in its stimulus program next week. At 0826 AEDT on Wednesday, the December share price index ...

Market Wrap AM

AAP  |  TUESDAY, 10 DEC 2013
... Ordinaries index shed 37.6 points, or 0.73 per cent, to 5,148.4. NEW YORK - US stocks have edged higher as a Federal Reserve official suggests that the central bank could take a small step next week to reel in its stimulus program. At the closing bell ...

Market Wrap AM

AAP  |  WEDNESDAY, 13 NOV 2013
The Australian market looks set to open lower following Wall Street's downward lead after a top Federal Reserve official warned the bank's stimulus measures couldn't continue forever. At 0910 AEDT on Wednesday, the December share price index futures ...

Trick or treat?

BENJAMIN ONG  |  FRIDAY, 1 NOV 2013
We're back on the taper-go-round saddle Virginia. Would the Fed allow the green shoots of a December taper to grow roots - and again permeate to every nook and cranny of economics and finance -- and then treat us with a taper not as it did in September? ...

Market Wrap PM

AAP  |  MONDAY, 23 SEP 2013
Australian shares are weaker after a US Federal Reserve official said tapering of economic stimulus could begin in October. Resources and energy stocks were the worst performers on the market. St Louis Fed president James Bullard's comments weighed ...

Market Wrap AM

AAP  |  THURSDAY, 8 AUG 2013
The Australian market looks set to open lower following falls on overseas markets overnight. At 0800 AEST on Thursday, the September share price index futures contract was down nine points at 4957. In economic news on Thursday, the Australian Bureau ...

Market Wrap AM

AAP  |  WEDNESDAY, 7 AUG 2013
The Australian market looks set to open lower following falls on Wall Street overnight amid warnings of weaker company profits. At 0756 AEST on Wednesday, the September share price index futures contract was down 19 points at 5,041. In economic news ...
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