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Saturday, October 24, 2020
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Tag: Monetary policy

Bank of England asks banks on readiness for negative rates

LONDON (AP) — The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that the central bank...

Mnuchin and Powell back jobless aid and small business loans

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic...

Turkey hikes rates to support currency, fight inflation

ANKARA, Turkey (AP) — Turkey’s Central Bank raised its benchmark interest rate by 2 percentage points on Thursday, its first hike in two years...

Asia slightly higher despite Wall Street slump, virus fears

TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus...

Bank of England eyes sub-zero rates in face of virus, Brexit

LONDON (AP) — The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year...

Asian stocks retreat on lack of new Fed action

Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023...

Fed sees rates near zero through 2023, perhaps longer

WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest...

Federal Reserve to meet after sharp changes to its outlook

WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways...

European Central Bank’s stimulus program to keep on rolling

FRANKFURT, Germany (AP) — With almost a trillion euros still in the pipeline, the European Central Bank said Thursday that its emergency support program...

Fed survey finds widespread pessimism about economic future

WASHINGTON (AP) — The...

Markets higher as Fed chair says interest rates to stay low

Asian markets were mostly...

Fed: Rates to stay ultra-low even after inflation picks up

WASHINGTON (AP) — The...

Asian shares retreat after Fed minutes bring reality check

TOKYO (AP) — Asian...

Fed officials worried about withdrawal of government support

WASHINGTON (AP) — U.S....

Stocks rebound on Wall Street, S&P 500 trades above record

Stocks marched broadly higher...

Asian stocks gain after Fed keep US interest rates low

BEIJING (AP) — Asian...

Fed sees dim economic outlook as virus squeezes economy

WASHINGTON (AP) — Federal...

Fed wrestles with its next moves as virus stalls US economy

WASHINGTON (AP) — Federal...

Senate panel approves Trump’s controversial Fed nominee

WASHINGTON (AP) — The...

Fed’s Brainard warns US economy may slow, urges more support

WASHINGTON (AP) — Federal...

Fed buys more corporate bonds but may soon end purchases

WASHINGTON (AP) — The...

Fed minutes show concerns about severity of downturn

WASHINGTON (AP) — Federal...

Fed’s program for loaning to Main Street off to slow start

WASHINGTON (AP) — Michael...

Fed’s program for loaning to Main Street off to slow start

WASHINGTON (AP) — Michael...

Powell says US economy facing heightened uncertainty

WASHINGTON (AP) — Federal...

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