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US debt vote passage boosts Asian markets, Fed now in view

Agence France-Presse
Posted at Jun 01 11:09 AM

Asian markets mostly rose Thursday after the US House passed a bill to avoid a painful default. Read more »

Senior Fed official suggests skipping rate hike next month

Agence France-Presse
Posted at Jun 01 08:36 AM

A senior Federal Reserve official said that pausing interest-rate hikes would give the Fed time to weigh additional economic data. Read more »

Top US Fed official does not rule out further rate hike

Agence France-Presse
Posted at May 10 08:39 AM

A top Federal Reserve official left the door open on a further interest rate hike to combat inflation, although stressing that the US central bank's future decisions must be data dependent. Read more »

US Fed lifts key interest rate amid banking sector fears

Agence France Presse
Updated as of Mar 23 01:23 PM

The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector. Read more »

US Fed, other central banks move to boost global dollar liquidity

ABS-CBN News
Posted at Mar 20 08:39 AM

The US Federal Reserve and other major central banks announced a coordinated effort to improve banks' access to liquidity, hoping to calm worries rattling the global banking sector. Read more »

SVB collapse causes headaches for US Fed before rate decision

Daniel Avis, Agence France-Presse
Updated as of Mar 15 08:28 AM

The dramatic implosion of Silicon Valley Bank (SVB) last week could bring the Federal Reserve's current cycle of interest rate hikes to an end far sooner than expected. Read more »

US stocks rally, dollar falls after Fed decision

Agence France-Presse
Posted at Feb 02 08:02 AM

Wall Street stocks rallied and the dollar retreated Wednesday after the Federal Reserve enacted a smaller interest rate hike while acknowledging progress in the fight against inflation. Read more »

Asian markets mixed after Wall St tumble as recession fears return

Agence France-Presse
Posted at Jan 19 04:56 PM

Markets were mixed Thursday while oil prices fell and the dollar weakened after disappointing US data renewed worries about a recession in the world's biggest economy. Read more »

US Fed downshifts campaign to tame inflation but still 'some ways to go'

Beiyi Seow, Agence France-Presse
Posted at Dec 15 09:28 AM

The Federal Reserve moderated its all-out campaign to cool US inflation Wednesday, lifting the benchmark lending rate by a half percentage point though warning there is still "some ways to go." Read more »

US Fed expected to slow pace of rate hikes as inflation eases

Beiyi Seow, Agence France-Presse
Posted at Dec 14 11:51 AM

US central bankers open the second day of a key policy meeting Wednesday, with mounting anticipation of a smaller hike to its benchmark lending rate as inflation showed signs of easing. Read more »

Asian markets extend US rally ahead of inflation, Fed decision

Agence France-Presse
Posted at Dec 13 12:05 PM

Asian markets mostly rose Tuesday, with nervous investors sitting tight ahead of key US inflation data and a Federal Reserve policy decision but fresh pledges by China to open up from zero-COVID offering support. Read more »

US sees strong job gains in October as wages move higher

Agence France-Presse
Posted at Nov 04 11:33 PM

Central bankers fear high prices will become entrenched and rising pay will create an upward spiral, inflicting more harm on families and businesses. Read more »

BSP says to 'match' US Fed’s 75 bps rate hike on Nov. 17

ABS-CBN News
Updated as of Nov 03 11:48 AM

The Bangko Sentral ng Pilipinas on Thursday said it is likely to increase the country’s key policy rate by 75 basis points. Read more »

Fed delivers another steep rate hike with more to come

Heather Scott, Agence France-Presse
Posted at Nov 03 08:33 AM

The US Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections. Read more »

PSEi dives 2.33 pct, analyst says fall likely to continue

ABS-CBN News
Posted at Sep 28 05:05 PM

The bloodbath at the Philippine Stock Exchange Index continued on Wednesday with the main index breaching the 6,000 support level and plunging 2.33 percent to 5,879.68. Read more »

Dollar softens after rally but Asian stocks struggle to recover

ABS-CBN News
Posted at Sep 27 01:47 PM

The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to recession fears. Read more »

US stocks tumble after latest big Fed rate hike

Agence France-Presse
Posted at Sep 22 08:41 AM

Wall Street stocks fell sharply Wednesday after the Federal Reserve enacted another three-quarter point interest rate hike and signaled more monetary tightening ahead as it combats inflation. Read more »

US Fed raises key interest rate as recession fears mount

Heather Scott, Agence France-Presse
Posted at Sep 22 02:47 AM

Soaring prices are putting the squeeze on American families and businesses and have become a political liability for President Joe Biden. Read more »

Peso dips to record low anew, closes at P57.48 to $1

ABS-CBN News
Posted at Sep 20 04:29 PM

The Philippine peso dipped to yet another all-time low against the dollar as it closed at P57.48 versus the greenback on Tuesday. Read more »

Rate hikes: a double-edged sword for central banks

Ali Bekhtaoui, Agence France-Presse
Posted at Sep 20 08:42 AM

Central banks worldwide are using aggressive interest rate hikes to lasso galloping inflation, at the risk of pulling down the global economy with it. Read more »