Showing 1 - 10 of 35
US Fed holds firm against Trump pressure as divisions emerge
AFP, Published on 31/07/2025
» WASHINGTON - The US Federal Reserve kept interest rates unchanged on Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers.
Fed set to hold firm against Trump pressure
AFP, Published on 30/07/2025
» WASHINGTON - The US Federal Reserve is expected to defy aggressive pressure from President Donald Trump and keep interest rates unchanged Wednesday, though divisions about the best response to tariff risks may bubble to the surface.
Fed keeps US rates unchanged in face of Trump criticism
AFP, Published on 19/06/2025
» WASHINGTON - The US Federal Reserve held interest rates steady for a fourth consecutive meeting Wednesday, forecasting higher inflation and cooler growth this year as President Donald Trump’s tariffs begin to take hold and geopolitical uncertainty swirls.
US Fed keeps interest rates at 22-year high
AFP, Published on 02/11/2023
» WASHINGTON - The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy.
Fed pauses interest rate hikes but signals more tightening ahead
AFP, Published on 15/06/2023
» WASHINGTON: The United States Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year.
Business tough in China as national security trumps all
AFP, Published on 20/05/2023
» SHANGHAI - Doing business in China has become harder and potentially more perilous as the government prioritises an ever-widening definition of national security over all else, despite insisting the country has reopened for trading.
Fed likely to hike rates again as bank fears resurface
AFP, Published on 03/05/2023
» WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a 10th — and possibly final — time on Wednesday, as it aims to bring down inflation while preventing fresh banking concerns from spreading.
UK economy contracts in third quarter
AFP, Published on 11/11/2022
» LONDON - Britain's economy shrank in the third quarter, official data showed Friday, likely confirming it is already in a recession forecast to last some time.
US economy grows for first time this year in third quarter
AFP, Published on 28/10/2022
» WASHINGTON: The US economy rebounded in the third quarter, government data showed Thursday, in welcome news for President Joe Biden days before midterm elections, though analysts warn of a gloomier path ahead.
US Fed raises key interest rate as recession fears mount
AFP, Published on 22/09/2022
» WASHINGTON: The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices -- an aggressive stance that has raised fears of a recession.