WASHINGTON (AFP) – Inflation could rise higher and stay there longer than expected as the US economy recovers from the downturn caused by the Covid-19 pandemic, Federal Reserve chairman Jerome […]
All eyes on rising Treasury yields amid inflation fears
SINGAPORE – Equity markets continued to be roiled last week by rising United States rates and fears that inflationary pressures are building up. With the 10-year Treasury yield briefly hitting […]
Powell says US economy still needs Fed support, pushes back on inflation worries
WASHINGTON (REUTERS) – Federal Reserve chairman Jerome Powell, pushing back on suggestions that loose monetary policy risked unleashing inflation and financial risks in what may be an emerging economic boom, […]
US Fed opens policy final 2020 meeting amid uncertain economy
WASHINGTON (AFP) – US central bankers on Tuesday (Dec 15) opened their final policy meeting of the year to review how best to support the economy as the Covid-19 vaccine […]
Whatever it takes: How the Fed aims to rescue the US economy
NEW YORK (NYTIMES) – The Federal Reserve on Monday (March 23) pledged to do, in essence, whatever it takes to keep the US economy from collapsing under the weight of […]