News Source: The Irish Times
| about 1 month ago
ECB officials meeting in Frankfurt will keep the benchmark interest rate at a record low of 1 per cent, according to all 56 economists in a Bloomberg News survey. Economists and investors will listen to President Jean-Claude Trichet for clues on when...
News Source: International Business Times
| about 1 month ago
The dollar slipped against most major currencies on Wednesday as a rally in stocks and commodities eroded the greenback's safe-haven appeal and investors awaited a policy decision from the Federal Reserve. The decision, expected at about 2:15 p.m. (...
News Source: International Business Times
| about 1 month ago
is the key focus for the day, with all eyes on whether the U.S. central bank will uphold its pledge to keep the Fed funds rate low for "an extended period" even as the economy shows signs of improving. Analysts said the dollar may face more selling...
News Source: Washington Post
| about 1 month ago
World stocks rose from the previous day's four-week low on Wednesday while the dollar slipped ahead of a policy decision by the Federal Reserve, expected to affirm its commitment to ultra-low interest rates. A survey showed the euro zone's dominant...