WASHINGTON, June 15 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to keep interest rates unchanged, but signaled more rate hikes will come before year end. With inflation still elevated and the banking sector under pressure, the Fed faces tough choices ahead. WHY PAUSE NOW? Sin...
TOKYO, March 17 (Xinhua) -- As the shocking collapse of U.S. Silicon Valley Bank (SVB) triggered turmoil in global financial markets, Japanese media and experts blamed the U.S. Federal Reserve's continued aggressive interest rate hikes for the upheaval in the well-regarded lender. The Fed...
WASHINGTON, June 15 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to keep interest rates unchanged, but signaled more rate hikes will come before year end. With inflation still elevated and the banking sector under pressure, the Fed faces tough choices ahead. WHY PAUSE NOW? Sin...
During his interview on "Mornings with Maria" Wednesday, Brian Moynihan, CEO and Chairman of Bank of America, reviewed the Fed’s monetary policies on rate hikes, urging the central bank to be careful not to "overshoot." "The drag on a middle market company whose, you know, line of cre...
U.S. stocks have dropped on the news of coming interest rate hikes, and some experts believe this is just the beginning, arguing that the U.S. stock market could take a much more significant nosedive, even sparking a looming recession. ...
TOKYO, March 17 (Xinhua) -- As the shocking collapse of U.S. Silicon Valley Bank (SVB) triggered turmoil in global financial markets, Japanese media and experts blamed the U.S. Federal Reserve's continued aggressive interest rate hikes for the upheaval in the well-regarded lender. ...
As the U.S. Federal Reserve on Wednesday raised its benchmark interest rate by a half percentage point, experts from different countries warn that the Fed's more aggressive monetary tightening could pose more challenges to the developing countries. Produced by Xinhua Global Service You may like ...
2:33 a.m. 0:54:15, June 15, 2023 More rate hikes are coming Guido Mieth/Digital Vision/Getty Images While the Federal Reserve said Wednesday it would pause its rate-hiking campaign, it also signaled that additional rate hikes are likely this year. The vote to skip a rate increase...
Moving into 2023, gold prices began to recover, reaching the level of $1,900 per ounce in mid-January alongside signs of moderating inflation and expectations for a slowdown in Fed rate hikes.7Investors may be returning to gold partly in response to the prospect of lower interest rates. How...
Markets expect a few more rate hikes in 2023, taking the funds rate to around 5%, and then possibly some reductions before next year ends. Thepost-meeting statementfrom the FOMC added a sentence that markets interpreted as a signal that the Fed will be doing smaller increases ahead. That ...