Exchange rates fall vs. US$ raising dire situation
The dazzling rise of the US dollar, which has hit one record after another, is raising fears of a currency ...
Read moreTag: Federal Reserve
Pound falls to 37-year low against dollar
Hong Kong, China―The pound fell to a fresh 37-year low against the dollar Friday as traders grow increasingly worried about ...
Read moreFed set to raise interest rates as recession fears mount
WASHINGTON, United States—The Federal Reserve is poised to roll out another big increase in interest rates Wednesday as it tries ...
Read more
Market rises slightly ahead of Fed meeting; SM Prime, BDO advance
The stock market edged slightly higher Tuesday tracking Wall Street’s late rally as investors gird themselves for another big Federal ...
Read moreSteep Fed rate hike seen as certainty after ugly inflation data
The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a ...
Read moreConcerns on weak peso to affect stocks
Share prices are expected to move sideways with a downward bias this week amid lingering concerns on rising inflation and ...
Read moreUS hiring slowed sharply in August, joblessness rose
WASHINGTON, United States—American employers slowed the pace of hiring in August after the surprising surge in the prior month and ...
Read moreIt will take ‘a few years’ to get inflation back to 2%, says Fed
WASHINGTON, United States—The Federal Reserve is committed to bringing soaring US inflation back down to two percent, but that will ...
Read moreAsian, European stock markets slump
Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight ...
Read moreTaming inflation will inflict ‘pain’ on Americans — Fed’s Powell
WASHINGTON, United States—Taming US inflation will inflict “pain” on American families and businesses, but failure to wrestle prices down from ...
Read more
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.