This articles states that data released by the U.S. Department of Commerce for June 2009 and a survey conducted by the Federal Reserve Board of region economic conditions also in the same month, suggested that recession is starting to ease. The reports from the two agencies reinforced ...
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With the inflation rate easing and the economy holding in, policymakers on the Federal Open Market Committee voted unanimously to keep ...
NEW YORK, Nov. 29 (Xinhua) -- U.S. stocks ended lower on Thursday, snapping a three-day winning streak, as investors digested the newly released summary from the Federal Reserve's most-recent meeting as well as a batch of economic data. The Dow Jones Industrial Average fell 27.59 points...
NEW YORK, March 6 (Xinhua) -- The U.S. dollar index climbed slightly in late trading on Wednesday, as investors digested the newly-released "Beige Book" from the U.S. Federal Reserve and a slew of economic data. According to the "Beige Book," a periodic economic snapshot that was re...
Officials do expect rates to be lowered next year, but also projected stronger economic growth for this year and next—meaning rates may stay higher for longer. 生词 Federal Reserve /ˈfɛdərəl rɪˈzɜːrv/ (n.): 美国联邦储备系统 stand pat /stænd pæt/ (v. phr...
NEW YORK, March 31 (Xinhua) -- U.S. stocks rallied in the last week of March, as investors mainly digested a batch of economic reports and speeches delivered by U.S. Federal Reserve officials. For the week, the blue-chip Dow rose 0.3 percent, and the broader S&P 500 gained 0.8 perce...
Yet the robust growth may prove to be a high-water mark for the economy before a steady slowdown begins in the current October-December quarter and extends into 2024. The breakneck pace is expected to ease as higher long-term borrowing rates, on top of the Federal Reserve’sshort-term ra...
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. ...
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. ...
WASHINGTON, Oct. 31 (Xinhua) -- While the U.S. Federal Reserve signaled a pause in the easing cycle, some further weakening in the U.S. economic data could cause the central bank to deliver more rate cuts over the next few quarters, a U.S. economist said on Thursday. ...