Organisation: Federal Reserve

Sign in

Organisation: Federal Reserve

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Federal Reserve board chairman Jerome Powell. Even though inflation 'remains somewhat elevated', the Fed statement said policymakers chose to cut the overnight rate 'in light of the progress on inflation and the balance of risks'. Picture: Susan Walsh/AP</p>

economy

US Federal Reserve makes large rate cut citing 'greater confidence' on inflation

Policymakers see the Fed’s benchmark rate falling by another half a percentage point by the end of this year

<p>Investors will focus on remarks by Fed chair Jerome Powell, no matter what the Fed decides on rates. Photographer: David Paul Morris/Bloomberg</p>

economy

Eurozone yields slip as markets increase bets on Fed rate cut

<p>With the Federal Reserve set to cut rates this month, US inflation data to be released tomorrow will be closely watched.</p>

economy

European shares rebound as focus turns to ECB cuts

David McNamara: British economy is stuck in stagnation

David McNamara: Federal Reserve rate decision hinges on US payrolls

Stocks Rally, Yields Sink on Powell's Reassurance

comment-analysis

Attention, jittery investors: Stop panicking … this is what a soft landing should look like

Joe Biden

economy

Dollar edges up slightly after Biden ends re-election campaign

Jerome Powell

European stocks rise as bets strengthen on US rate cut

Some analysts reckon earnings disappointment could be the catalyst for some equity-market softness, especially after France’s election-linked turbulence stalled this year’s rally

Thu, 11 Jul, 2024

NYSE to set up Belfast outpost

Dow Jones index trades above 40,000 on hopes of US rate cuts

It took nearly two decades for the Dow to move from the 10,000-mark to 20,000

Thu, 16 May, 2024

Jerome Powell

Fed holds rates steady, flagging 'lack of progress' on inflation

Fed chairman Jerome Powell said 'inflation is still too high' adding that 'further progress in bringing it down is not assured'

Wed, 01 May, 2024

Germany Is Running Out of Workers, Putting Growth in Jeopardy

David McNamara: The eurozone economy may be turning a corner at last

The main focus this week will be on the upcoming Fed monetary policy decision

Mon, 29 Apr, 2024

Bank of England Monetary Policy Report

Central banks and markets now aligned on rate cuts

While the Fed and Bank of England held rates as expected, the accompanying forecasts and commentary from key policymakers have helped to align futures markets with central banks

Mon, 25 Mar, 2024

Federal Reserve Powell

Federal Reserve policymakers stick to rate cut roadmap

The ECB is expected to cut interest rates at least once before August, but Christine Lagarde remains vague on the timeline of any cuts

Wed, 20 Mar, 2024

Central Bank head Makhlouf rejects claim that Irish banking market is 'dysfunctional'

Central Bank head Makhlouf rejects claim that Irish banking market is 'dysfunctional'

Speaking to the 'Irish Examiner', Gabriel Makhlouf discusses the timing of rate rises and cuts, competition in Irish banking, the danger of stoking up inflation, and factors behind Ireland's housing shortage

Sat, 03 Feb, 2024

Federal Reserve Powell

Oliver Mangan: US Fed's clear stance on rate cuts stands in contrast with the ECB

While there was a big divergence in communications from the main central banks last week, they may be more in sync when it comes to policy easing in 2024

Mon, 18 Dec, 2023

ECB will have new inflation data to ponder this week

ECB will have new inflation data to ponder this week

Eurozone data for November, due on Thursday, will probably show inflation at 2.7%, the lowest since July, 2021

Sun, 26 Nov, 2023

Stocks Rally, Yields Sink on Powell's Reassurance

Big Tech stocks may be 'opportunity for investors' after decline

Goldman Sachs strategists say the Nasdaq 100 selloff has led to historically cheap valuations for tech stocks while earnings estimates are still rising

Mon, 02 Oct, 2023

Stocks Rally, Yields Sink on Powell's Reassurance

Hawkish tone of 'higher rates for longer' mantra hammers global markets

Meanwhile, central banks, as well as hiking rates, are also engaged in quantitative tightening

Mon, 02 Oct, 2023

George W. Bush

Irish Examiner view: 2008 bank collapse that changed our world

The fall of Lehman Brothers was a depth charge that brought a worldwide recession with maladies that persist today

Sat, 16 Sep, 2023

Federal Reserve

Irish shares join sell-off on fears for higher for longer interest rates

'Signs of fear are everywhere,' said Chris Beauchamp, chief market analyst at IG

Thu, 17 Aug, 2023

Germany European Central Bank

US rate hike sets scene for ECB meeting at lunchtime tomorrow

Bank of Ireland hiked its fixed-rate mortgage loans ahead of ECB meeting

Wed, 26 Jul, 2023

Germany Europe Economy

Core inflation haunts ECB and European households

Eurozone core inflation re-accelerated in June, a setback for the European Central Bank that may reinforce its determination to raise interest rates in July

Fri, 30 Jun, 2023

Federal Reserve Powell

Oliver Mangan: US rate cuts would undermine strong dollar

The stresses that have emerged in parts of the global banking system recently could have a bigger impact on the US economy than elsewhere

Mon, 03 Apr, 2023

Jim Power: As well as banking, SVB turmoil reveals vulnerability of the tech sector

Jim Power: As well as banking, SVB turmoil reveals vulnerability of the tech sector

As Warren Buffett once said, it is only when the tide goes out that you learn who has been swimming naked

Sun, 19 Mar, 2023

Joseph E. Stiglitz: Another predictable bank failure

Joseph E. Stiglitz: Another predictable bank failure

The bank’s collapse proves systemic failings of US regulatory and monetary policy, writes Joseph E Stiglitz

Tue, 14 Mar, 2023

Flag of the European Union EU and Euro banknotes

'Sticky inflation' and rate hike fears push global shares lower

European stock markets suffered their worst losses this year in the wake of renewed sell-off

Fri, 24 Feb, 2023

NYSE to set up Belfast outpost

Global shares rally as US price inflation slows

Slowdown in inflation could give the Federal Reserve cover to start scaling back the size of its interest rate increases

Tue, 13 Dec, 2022

Crude oil at $78 a barrel falls to lowest this year

Crude oil at $78 a barrel falls to lowest this year

The price for Brent crude tumbled $1.20 to $78.15 a barrel, after earlier hitting its lowest level in over 11 months

Wed, 07 Dec, 2022

Europe Economy

Talk of a third 0.75% rate hike from the ECB in six weeks

'This energy crisis is causing massive inflation, which we have to defeat', ECB president Christine Lagarde said

Sun, 30 Oct, 2022

Outdoor dining

Job markets are defying central bankers’ efforts to cool demand

The strong job market is good for workers but bad for inflation, signalling to the world’s central banks that they cannot ease up

Sun, 30 Oct, 2022

NerdWallet Kimberly Palmer Automate Financial Tasks

Oliver Mangan: Difficult to see major losses for the dollar any time soon

The Fed's aggressive policy of sustained rate hikes make an imminent reversal in the dollar's fortunes difficult to envisage

Mon, 24 Oct, 2022

Flag of Ireland sticking in 50 Euro banknotes.(series)

Cost of Irish borrowing rises on bets for more global interest rate hikes

US futures markets now indicate that there will be another US rate hike of three quarters of a point in November

Fri, 07 Oct, 2022

Businessman Calculating Tax By Small And Big House Models

Irish shares join in sell-off amid new fears of interest rate hikes

The rise in the US consumer price index, up 0.1% from July, is stoking fears of further Fed and ECB rate increases

Tue, 13 Sep, 2022

Scottish independence

Oil price heads higher again due to uptick in demand

'Natural gas and electricity prices have soared to new records, incentivising gas-to-oil switching in some countries,' says IEA

Thu, 11 Aug, 2022

Irish economy

Jim Power: I worry about risks facing Irish small firms in the next few months

It is quite extraordinary the extent to which unwelcome news is building globally. everywhere continues to scale new heights and what was once seen as a "transitory" problem seems to be becoming more embedded with every week that passes.

Mon, 01 Aug, 2022

NYSE to set up Belfast outpost

March may have seen US inflation peak but it will likely take time to retreat

The March consumer price reading represents what many economists expect to be the peak of the current inflationary period

Tue, 12 Apr, 2022

Jerome Powell

US consumer spending better than anticipated as inflation hots up

The report underscores the robustness of consumer demand and reflects the temporary, but relatively subdued, impact from the omicron wave on outlays

Fri, 25 Feb, 2022

Jerome Powell

US data expected to show 40-year high inflation levels

Inflationary pressures are likely to put a Federal Reserve interest rate increase next month on autopilot

Sun, 06 Feb, 2022

Key Speakers at the Milken Summit Asia

Central Bank governor sees inflation slowing, and no rate hike in 2022

Gabriel Makhlouf tells KCLR he doesn't expect the ECB to raise rates, but that we must beware second-round effects of inflation

Sun, 23 Jan, 2022

Germany European Central Bank

Irish Examiner view: We've no reason to party like it's 2006

Despite Christine Lagarde's insouciance, the global economy looks like it is shaping up for rampant inflation

Sat, 22 Jan, 2022

Christine Lagarde Holds Press Conference Following ECB Governing Council Meeting

Lagarde insists that interest rates will not rise despite inflation hike

The ECB has “every reason” not to respond as forcefully as the US Federal Reserve to soaring consumer prices, according to President Christine Lagarde.

Thu, 20 Jan, 2022

Jerome Powell

Global stocks rebound despite Fed's hint that it will raise rates to tamp down inflation

Fed chairman Jerome Powell says: 'If we have to raise interest rates more over time, we will'

Tue, 11 Jan, 2022

dollar currency

Threat of global inflation and rate hikes inch closer to home

Federal Reserve believes price hikes and inflation pressures may be here to stay

Thu, 06 Jan, 2022

Germany European Central Bank

Semin Soher Power: Wage hikes are the one to watch if inflation takes off again

Eurozone inflation is predicted to be considerably above the ECB’s 2% inflation target and the risks are on the upside as uncertainties remain

Thu, 23 Dec, 2021

Jerome Powell

G7 finance ministers to discuss soaring global inflation

News of the planned talks came shortly after US consumer prices rose at the fastest annual pace in nearly 40 years

Fri, 10 Dec, 2021

Merkel Meets With International Economic Institutions Leaders

Keep interest rates low despite energy price hikes, IMF urges

Kristalina Georgieva's comments chime with those of the ECB's Christine Lagarde amid the upbeat mood in the eurozone

Mon, 06 Dec, 2021

Exxon Mobil Posts 91 Percent Increase In Quarterly Profits

Inflationary tensions heighten as US sees fastest rise in consumer prices since 1990

October price surge revealed in the the US consumer index has exceeded analysts' expectations

Wed, 10 Nov, 2021

Gold more than worth its weight as Covid boosts prices

Gold more than worth its weight as Covid boosts prices

Gold steadied near $1,800 an ounce -- a level last seen at the end of 2011 -- as investors weighed the accelerating coronavirus spread in the US against tentative signs of economic improvement in some regions.

Mon, 29 Jun, 2020

Wall Street tumbles as China trade tensions add to Covid-19 American jobless woes

Wall Street tumbles as China trade tensions add to Covid-19 American jobless woes

Wall Street’s main indexes were lower in choppy trading and European indices tumbled, as renewed worries about China-US trade relations added to fears of an extended economic downturn due to the virus outbreak.

Thu, 14 May, 2020

US job losses of 20.5m in April are the steepest since Great Depression

US job losses of 20.5m in April are the steepest since Great Depression

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the coronavirus pandemic is battering the world’s biggest economy.

Fri, 08 May, 2020

Oliver Mangan: The grim economic news rolls in from across the world

Oliver Mangan: The grim economic news rolls in from across the world

Economic data for the first quarter of the year are beginning to roll in from across the world and show big falls, with output plunging in March as the coronavirus and measures to contain it took hold.

Mon, 04 May, 2020