Tuesday, May 19, 2026
Today's Print

Tag: Federal Reserve

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 crash of a severity...

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 the economic outlook with...

Fed 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 to cool the economy...

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 Reserve interest rate hike...

Steep 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 worrying US inflation picture,...

Concerns 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 interest rates and the...

US 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 the jobless rate edged...

It 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 take “a few years,”...

Asian, European stock markets slump

Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold...

Taming 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 their current 40-year high...

Stocks extend rally; all eyes on Powell’s speech

Share prices rose Friday along with the rest of Asia after a Wall Street rally ahead of a speech by Federal Reserve boss Jerome...

Federal Reserve set to hammer home inflation message

Washington, United States—With US inflation at a 40-year high, economists say there is no doubt about the Federal Reserve’s policy course: Interest rates will...

Asian markets drift as investors assess Fed outlook

Stocks swung in Asia on Friday as investors tried to assess the Federal Reserve's plans for lifting interest rates to fight inflation, with mixed...

More interest rate hikes are coming — Fed

WASHINGTON, United States—US central bankers remain committed to raising interest rates further to quell rising prices, but agreed it would be appropriate to slow...
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