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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 »

Asian markets fluctuate with rates set to go higher

Agence France-Presse
Posted at Feb 21 11:46 AM

Asian markets swung Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously feared. 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 »

US economic activity tepid but prices seen easing: Fed

Agence France-Presse
Posted at Jan 19 08:30 AM

Economic activity in the United States remained lukewarm in recent weeks, said a report published by the Federal Reserve, with expectations of "little growth in the months ahead." Read more »

Stocks rise as US inflation falls

Agence France-Presse
Posted at Jan 13 09:27 AM

Global stocks mostly rose Thursday as investors digested data showing a softening of US consumer inflation, potentially giving the Federal Reserve room to slow its interest rate hikes.- 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 shares surge as investors cheer slower US inflation

Agence France-Presse
Posted at Nov 11 04:17 PM

Asian markets surged on Friday after a bumper session on Wall Street as lower US inflation dimmed expectations of more aggressive Federal Reserve rate hikes. Read more »

US recession fears deepen as economy contracts again

Heath Scott, Agence France-Presse
Posted at Jul 29 10:02 AM

The US economy contracted for a second straight quarter between April and June, according to official data, adding fuel to recession fears and creating a headache for President Joe Biden ahead of midterm elections. Read more »

US Fed chair admits recession a 'possibility' after rate hikes

Heather Scott, Agence France-Presse
Posted at Jun 23 08:30 AM

The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation could eventually trigger a recession, Federal Reserve Chair Jerome Powell cautioned. Read more »

US Fed signals 3 rate hikes in 2022 as inflation fight begins

Howard Schneider and Jonnelle Marte, Reuters
Posted at Dec 16 08:29 AM

The Federal Reserve said it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022 as the economy nears full employment and the US central bank copes with a surge of inflation. Read more »

Philippines 'ready' if US increases interest rates: central bank

ABS-CBN News
Posted at Jun 08 10:41 AM

The Philippines is ready should the United States increase its interest rates, the central bank said Tuesday. Read more »