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BUSINESS

Investors heartened by signals from Fed

Business, Published on 31/07/2017

» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.

BUSINESS

Mixed messages from fed keep traders guessing

Business, Published on 22/08/2016

» Recap: A hawkish comment from New York Fed President William Dudley that US interest rates could be raised as soon as September weighed on global stock markets early last week. However, minutes of the July Fed meeting released on Wednesday suggested policymakers had mixed views and speculation about an imminent move decreased.