Esther George

8 results

 US Federal Reserve Chair Jerome Powell: the US central bank dropped a previous reference in its policy statement that was considered a sign for future rate cuts

The Federal Reserve on Wednesday cut interest rates for the third time this year in a move to ensure the US economy weathers a global trade war withou(...)

Federal Reserve chairman Jay Powell. The Fed’s one-notch cut to interest rates was in line with the expectations of investors and economists. Photograph: Getty

The Federal Reserve cut US interest rates by 25 basis points, to a range of 1.75 to 2 per cent and signalled that it could stop there despite uncertai(...)

The inversion of the yield curve  has occurred before every US recession of the past 50 years. Photograph: Reuters

Shorter-dated US bond yields once again eclipsed those for longer-dated notes on Thursday, signalling fears among bond market investors that the Feder(...)

US president Donald Trump has repeatedly harangued Fed chairman Jerome Powell for not doing enough to help his administration’s efforts to boost economic growth. File photograph:  Nicholas Kamm/AFP/Getty Images

The US Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted US inflation,(...)

Photograph: iStock

The US economy faces “notable” risks and the central bank can take a wait-and-see approach to monetary policy, Kansas City Federal Reserve Bank Presi(...)

US Federal Reserve chairwoman Janet Yellen on Wednesday, when the central bank announced it will hold rates.  Photographer: Pete Marovich/Bloomberg

A heavily divided Federal Reserve left short-term interest rates unchanged on Wednesday but said the case for a rate increase “has strengthened”, in a(...)

The Fed has said it will raise rates only when it sees a sustained recovery in the economy. Photograph: Getty Images

US stocks rose sharply on Thursday, a day after posting their biggest one-day gain in four years, as data showed the US economy grew faster in the sec(...)

The rate-setting Federal Open Market Committee made no changes to policy at its October meeting, keeping its asset purchases steady at $85 billion a month, but the statement implied it did not see a lot of damage from the government shutdown earlier this month

The US Federal Reserve yesterday said the world’s largest economy was still expanding at a moderate pace, suggesting a slowing of asset purchases i(...)