Fed split on whether to hedge on inflation, or proceed with cuts
World 10:39 21/06/2025WASHINGTON -- The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now.
Fed sees rising risks to economy as it leaves rates unchanged
World 18:34 08/05/2025The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the U.S. economic outlook as its policymakers grapple with the impact of President Donald Trump's tariffs.
Fed survey finds global trade fight, policy uncertainty top financial stability risks
World 14:29 27/04/2025WASHINGTON - Rising risks around global trade, general policy uncertainty, and the sustainability of U.S. debt topped the list of potential risks to the U.S. financial system in a new Federal Reserve survey released on Friday.
Central bank cavalry can no longer save the world
Economy 20:03 11/10/2015A report by the Group of Thirty, an international body led by former European Central Bank chief Jean-Claude Trichet, warned on Saturday that zero rates and money printing were not sufficient to revive economic growth and risked becoming semi-permanent measures
Bitcoin value jumps, after US authorities appear positive
Economy 23:00 20/11/2013The electronic currency that is suspected of being used for illicit transactions on the Internet reached a value of $900 for the first time on specialized currency exchange websites.
