Under a currency peg known as the Linked Exchange Rate System, Hong Kong’s monetary policy has moved in lockstep with Fed policy since 1983. “Interest rates in Hong Kong might still remain at ...

Fed says 2024 loss narrowed relative to 2023 US central bank's loss does not impact operations Loss in 2024 tied to efforts to tame inflation March 21 (Reuters) - The Federal Reserve said on ...

The Fed has now stood on the economy’s sidelines for two consecutive meetings, dating to January, after an unusually busy period of interest rate increases and reductions over the previous three ...

At least that's where the betting is in futures markets, where contracts that settle to the Fed's policy rate were increasingly priced for quarter-percentage-point reductions in June, July and ...

Investor sentiment has turned gloomier this week, but even if no economic downturn materializes, progress on inflation should allow the Federal Reserve to continue cutting interest rates ...

NY Fed survey finds mostly stable February inflation expectations NY Fed: Public more worried about future financial situation NY Fed: Worry over job market outlook rising March 10 (Reuters ...

Federal Reserve Chair Jerome Powell acknowledged increased uncertainty in the US economic outlook, but said officials don’t need to rush to adjust policy. “Despite elevated levels of ...

The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after President Trump took office. The Atlanta Fed last week was predicting ...

A basis point is one one-hundredth of a percentage point. The Fed’s decision holds no surprises In the hours leading up to the Federal Open Market Committee release, Federal Reserve watchers ...

Elon Musk is intensifying his ongoing critique of the US Federal Reserve (Fed), once again targeting its structure and operations. On Monday, the Tesla CEO took to social media platform X to ...