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Fed leaves key short-term rate near zero to aid recovery

Source: Kyodo News
Tōkyō : Japan | 21 days ago  
Views: 17
  • The US Federal Reserve is widely expected to hold interest rates near zero at an upcoming monetary policy meeting
    The US Federal Reserve is widely expected to hold interest rates near ...
    Source: AFP
The US Federal Reserve is widely expected to hold interest rates near ...
The Federal Reserve decided Wednesday to hold its target for overnight interest rates to zero to 0.25 percent and pledged keep them at the record-low levels for an ''extended period'' in a bid to ensure a nascent recovery gains traction. To access full stories on Kyodo News English website, it is necessary...
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  • News Source: The Economic Times | 19 days ago
    The US central bank has retained near-zero rate regime to boost the country's fragile recovery and said cheap credit would continue for an "extended period". After a two-day policy meeting, the Federal Reserve yesterday decided to retain the...
  • News Source: The Economic Times | 19 days ago
    The Nikkei will shorten the calculation interval for its benchmark Nikkei 225 stock average to 15 seconds from 1 minute starting on January 4, the publisher of the average said on its website. The change will coincide with the launch date of the...
  • News Source: Australian Broadcasting Corporation | 19 days ago
    Speaking at an economic conference in Melbourne, Glenn Stevens said inflation would be more of an issue for the RBA during the current economic recovery than it had been after previous slowdowns. "We start this upswing with less spare capacity than...
  • News Source: Sydney Morning Herald | 19 days ago
    However, policymakers now need to lay the platform for a long and stable upswing in the domestic economy, Reserve Bank of Australia (RBA) governor Glenn Stevens said on Thursday. Speaking at the Melbourne Institute 2009 Economic & Social Outlook...
  • News Source: Tulsa World | 19 days ago
    The Dow Jones industrial average, up more than 150 points after the Fed described the economy as showing more signs of recovery, closed up 30. Stocks could get a lift Thursday from Cisco Systems Inc., which posted better quarterly earnings and sales...
  • News Source: The Daily Telegraph | 19 days ago
    THE Australian dollar closed half a cent higher on expectations of widening interest rate differential with the US dollar. Firming expectations of December rate rise by the local central bank and slightly better than expected trade data kept the...
Blogs
 >
  • Blog Source: www.actionforex.com
    FOMC Leaves Rates Unchanged and Signals Rates to Remain at "Exceptionally Low" Levels! The Federal Open Market Committee decided today to leave its benchmark interest rates unchanged at a record low at a target range between 0% and 0.25% ... The Fed
  • Blog Source: nowstreamin.net
    Fed Again Pledges to Hold Rates at Record-Lows The Federal Reserve pledges to keep a key interest rate at a record low for an 'extended period,' in a sign that the economy is growing, the ap's Mark Hamrick says. (Nov. ...
  • Blog Source: www.ritholtz.com
    Private roundtable discussions will round out the information gathering. The GIC is honored to have Philly Fed President Charles Plosser join the delegation and speak in Singapore, and Philly Fed First VP Bill Stone with us in Vietnam. ...
  • Blog Source: blog.taragana.com
    Treasurys rise as New York Fed brushes off idea of looming rate hikes. October 19th, 2009 Treasurys gain as NY Fed eases fears about ratesNEW YORK — Treasury prices rose Monday after the New York Federal Reserve said it was preparing to begin ...
  • Blog Source: www.proinvests.com
    Fed again pledges to hold rates at record-lows. With the recession apparently over, the Federal Reserve held a key interest rate at a record low and again pledged to keep it there for an “extended period” to foster the ...
  • Blog Source: www.dailyfinance.com
    Against that backdrop, many economists predict the Fed will maintain a pledge to keep rates "exceptionally low" for an "extended period." The hope is that super-low rates will spur consumers and businesses to spend more, supporting the ... If the
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