Latest in Tag: Fed Highlight

Latest in Tag: Fed

Fed chair denounces proposed law as ‘grave mistake’

Federal Reserve chief Janet Yellen has warned Congress against passing a law that would require interest rates to be set based on a mathematical rule. Legislators just don’t know enough about the economy, she said. After American legislators from both parties called for the Fed to be subject to tighter controls, Yellen on Tuesday wrote …

Deutsche Welle

Fed keeps rates steady as US data worsen

The US Fed has kept its interest rates unchanged, with analysts growing increasingly skeptical about prospects for the central bank to tighten monetary policy before the end of the year given weakening economic data. The world’s most powerful central bank hasn’t hiked rates in about a decade, and analysts as well as investors didn’t expect …

Deutsche Welle

US stocks volatile after Fed keeps rate steady

US stock markets swung between big gains and losses after the Fed kept interest rates near zero. Investors struggled to decide how to interpret the decision and what it means for the health of the US economy. Wall Street gave up a rally of more than 1 percent on Thursday, after the Federal Reserve decided …

Deutsche Welle

Opinion: Fed regulators are afraid of their own courage

The Fed continues to hold off on turning around interest rates. The decision is the right one because it is based on economic reality and it helps many emerging economies, DW’s Andreas Rostek writes. In German, the phrase “afraid of their own courage” is used for people who hold back when they could probably do …

Deutsche Welle

China turmoil, Fed hikes weigh on G20 meeting

Recent market volatility in China will top the agenda as bank chiefs and finance ministers convene in Ankara, Turkey, to discuss how to soothe the global economy. They may also discuss the prospect of a Fed rate hike. Investors around the world have been on tenterhooks ever since a recent plunge in Chinese stocks trigged …

Deutsche Welle

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