Federal Open Market Committee

US suffering badly from economic effects of Covid infections

European markets more or less flat

European shares erased an early advance

Federal Reserve said it was committed to using its full range of tools to support the US economy

Vaccine for virus may be needed to restore confidence, Jay Powell says

US central bank rate setting committee members dissent on economic conditions

Economy in a ‘good place’ and objective is to ensure it stays that way, says Fed chairman

UK pound retreated 0.7% overnight as UK MPs rejected vital Brexit proposal

As fourth hike this year looks likely, Trump ‘sets up Fed to take blame’ for economic slip

Bank flags further rise in December despite opposition from Trump

New Fed chairman’s upbeat economic assessment pushes dollar higher

Short-term outlook for inflation upgraded as chairwoman prepares to hand over to Jay Powell

Markets expect an interest-rate increase as Janet Yellen bids farewell to top job

Central bank points to strengthening labour market and rising economic activity

Investors struggle to digest emails released by Donald Trump’s son

Despite poor inflation data, the agency will tighten monetary policy

Second rate rise in three months fuelled by job gains and improved global outlook

Fed minutes show officials wrestling with uncertainty on Trump’s fiscal stimulus plans

US officials grappling with change of direction since Trump election

Move could be good for Irish exporters but Trump’s fiscal plans throw spanner in works

Markets watch for any indication of change to gradual rate increases

US central bank committee vote 7-3 to hold rates in place until December meeting