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"Federal Reserve"

231 results

Business - Economy
1/16/2024 9:42:46 PM
The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.

Business - Economy
1/11/2024 10:36:34 PM
Wall Street is slipping Thursday after a warmer-than-expected report on inflation forced some investors to push back forecasts for when the Federal Reserve could deliver long-sought cuts to interest rates.

Business - Economy
12/20/2023 7:00:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday in its final meeting for 2023 amid mixed expectations of either raising or maintaining the current key interest rates.

Business - Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Business - Energy
12/18/2023 10:52:42 PM
Oil prices shot up three percent Monday as more companies suspended shipping through the Red Sea following attacks on vessels by Yemen's Iran-backed Houthi rebels.

Business - Economy
12/5/2023 8:23:06 PM
Gold prices experienced a slight decline on Tuesday, trading $100 below the previous session's record high, as investors are eagerly awaiting upcoming US economic data, which could potentially impact the Federal Reserve's rate outlook.

Business - Markets & Companies
12/4/2023 3:25:35 PM
Gold hit a record high on Monday as growing optimism that the Federal Reserve will cut US interest rates in 2024 has dented the dollar in recent weeks.

Business - Economy
11/27/2023 9:51:44 AM
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.

Business - Energy
11/22/2023 7:42:27 PM
Oil prices slumped Wednesday as traders took a delay to an OPEC+ summit meeting as a sign of possible discord, while European and US stocks rose on hopes of an end to the US Federal Reserve's interest rate-hiking cycle.

World - International
11/1/2023 10:39:02 PM
The US Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time, but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.

Business - Economy
10/21/2023 1:49:53 PM
The US Federal Reserve warned Friday that the war in Gaza and the ongoing Ukraine conflict could cause harm to the world economy and boost global inflation.

Business - Economy
10/19/2023 10:13:02 PM
US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said Thursday, leaving the door open for a new interest rate hike.

Business - Economy
9/26/2023 12:46:34 PM
Markets fell further Tuesday as investors grew increasingly fearful about another possible US interest rate hike and the prospect they will be kept elevated for some time to combat persistent inflation.

Business - Economy
9/20/2023 7:53:59 PM
The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the US economy toward a “soft landing" of cooling inflation without triggering a deep recession.

Business - Markets & Companies
9/20/2023 3:58:51 PM
Wall Street ticked higher early Wednesday ahead of a decision on interest rates by the Federal Reserve.

Business - Economy
9/20/2023 9:48:08 AM
Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve.

Business - Economy
9/19/2023 12:04:56 PM
Asian stocks sank Tuesday following a sedate performance on Wall Street as investors nervously await the Federal Reserve's policy decision later in the week, while inflation worries were exacerbated by oil's push towards $100.

Business - Economy
9/18/2023 11:06:33 AM
Stock markets started the week limply Monday following a sell-off on Wall Street, with focus turning to the Federal Reserve's keenly awaited key policy decision.

Business - Economy
9/15/2023 6:20:20 PM
Stocks slipped in morning trading on Wall Street Friday but not enough to erase the market’s gains for the week.

Business - Economy
9/13/2023 6:59:04 PM
Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pace.

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