Tag: Federal Reserve

Yield curve uninverts on optimism over China trade deal

The spread between three-month and 10-year Treasury yields widened by the most since May 6 and moved into positive territory. We've had chunky sell-offs...

US stocks gain as jobs data eases recession fears

Wage gains are faltering and if that continues, households will just not have the means to shop 'till they're tired, let alone 'till they...

NY Fed to pump another $75bn into money markets Friday

Federal Reserve Bank on Friday will inject billions into US money markets to preserve the US central bank's control over short-term interest rates. Jerome...

New York Fed to inject $75bn to control US interest rates

New York Fed had announced its first operation in more than a decade to inject up to $75 billion into money markets   NEW YORK: The...

US industry gains in August on surge in manufacturing, mining

The Fed's industrial production index jumped 0.6 percent compared to July, the largest increase since August 2018. Mining, including oil production surged 1.4 percent,...

Trump: Fed should get US interest rate ‘down to ZERO, or less’

WASHINGTON: President Donald Trump wants US "interest rates down to ZERO, or less," he tweeted Wednesday amid widespread expectations that the Federal Reserve will cut...

US sees ‘modest’ growth, businesses show ‘near-term’ optimism: Fed

WASHINGTON: The US economy grew at an unspectacular pace in recent weeks, while businesses still took a rosy view of the near future despite the...

No US interest rate cut ‘required’ if growth continues: Fed member

WASHINGTON: The US Federal Reserve will not need to cut interest rates soon if the world's largest economy continues on its current path, a voting...

Fed’s Bullard says only ‘sustained’ bond inversion would be ‘bearish’ signal

WASHINGTON: The inversion of portions of the Treasury bond yield curve this week would "have to be sustained over a period of time" to be...

Trump sees Fed rather than trade war as source of market turmoil

WASHINGTON: With global markets flashing concern about the fallout from the US-China trade war and the near-term strength of the American economy, US President Donald...