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Results for

us federal reserve

8 Results
  • Fed slashes interest rates to shield economy from coronavirus risks

    Fed slashes interest rates to shield economy from coronavirus risks

    The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world’s largest economy from the impact of the ...
    Economy
  • US lending rates ‘likely to remain appropriate’: Fed’s Clarida

    US lending rates ‘likely to remain appropriate’: Fed’s Clarida

    Benchmark US interest rates are in a good place and this is not likely to change soon, the US Federal Reserve’s number two official said Friday. ...
    Economy
  • US Fed lowers key interest rate a third time to 1.5-1.75 percent

    US Fed lowers key interest rate a third time to 1.5-1.75 percent

    The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday but the central bank is divided, with two of the 10 ...
    Economy
  • US Fed unveils new steps to boost liquidity, manage rates

    US Fed unveils new steps to boost liquidity, manage rates

    The Federal Reserve on Friday announced a new program to boost liquidity in the US financial plumbing and allow the central bank to better manage ...
    Economy
  • Saudi Arabia, UAE central banks lower interest rates after Fed cut

    Saudi Arabia, UAE central banks lower interest rates after Fed cut

    The Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank, cut on Wednesday benchmark interest rates following the US Federal ...
    Economy
  • US Fed cuts key interest rate a quarter point, citing ‘uncertainties’

    US Fed cuts key interest rate a quarter point, citing ‘uncertainties’

    The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but the policy committee is divided, with three of ...
    Economy
  • Lebanon transferred Saddam’s billions to US, clarifies top banker

    Lebanon transferred Saddam’s billions to US, clarifies top banker

    The head of Lebanon’s Association of Banks, Joseph Torbey, revealed in a press conference on Thursday, that the Lebanese Authority transferred ...
    Middle East
  • Outgoing Fed chief Yellen says no Wall Street ‘bubble’

    Outgoing Fed chief Yellen says no Wall Street ‘bubble’

    Outgoing Federal Reserve chief Janet Yellen said Friday she did not believe the major gains on Wall Street in recent months qualified as a ...
    Economy
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