Federal Reserve
- Business
Major central banks announce 1st interest rate decisions of 2024
Fed likely to start interest rate cuts in May meeting, whereas UK, Asian central banks leave rates unchanged Major central…
Read More » - Business
Gold heads for first annual gain since 2020 as traders bet US Fed will dial back interest rates in 2024
This year’s price movement has mostly been dictated by changing views on the Fed’s next steps on interest rates Gold…
Read More » - Business
Turkiye’s 5-year credit default swaps plunges to over 2-year low
In positive sign, Türkiye’s CDS, a form of insurance for bondholders, drops 14 basis points to 364.64 on Tuesday, lowest…
Read More » - Business
Bitcoin hits another 17-month high
Total value of crypto market rises over 2% to around $1.3 trillion Bitcoin hit another 17-month high on Thursday,nearing $36,000…
Read More » - Business
IMF head points to 2025 for interest rate cuts
If central banks move back on interest rates prematurely, ‘inflation may become problem for growth’ for longer period, Georgieva says…
Read More » - Business
Increases dominate commodity markets last week
Upward trend seen in metals and energy commodities, mixed course in agriculture side In the commodity markets, a positive trend…
Read More » - Money
Federal Reserve lowers US growth forecast, raises inflation estimate for 2022
Fed anticipates benchmark interest rate to end this year at 3.4%, rising to 3.8% in 2023 The Federal Reserve lowered…
Read More » - Business
Investors focus on Fed for clues on faster taper, inflation view
Investors are bracing for the last United States Federal Reserve (Fed) meeting of the year, with market participants hungry to…
Read More » - Money
Federal Reserve may raise near-term inflation forecast: Economist
‘Demand surged as economy reopened, supply side slower to kick in given pandemic disruptions,’ says Moody’s Mark Zandi The US…
Read More »