Tag: US central bank
Dollar rebounds
NEW YORK- The US dollar rebounded against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged...
Analysts weigh whether Fed will stop or pause balance sheet cuts
BY MICHAEL S. DERBY
Expectations for the future path of the Federal Reserve’s balance sheet drawdown process have been scrambled in the wake of last...
Fed sees no hurry to cut again, keeps rates at 4.25%-4.5% range
By HOWARD SCHNEIDER, MICHAEL S. DERBY
WASHINGTON- The US central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there...
US Treasury yields retreats
NEW YORK- US Treasury yields reversed an earlier rise on Wednesday after Federal Reserve Chair Jerome Powell said he expects to see further progress...
Dollar strengthens
SINGAPORE- The dollar hovered near its highest level in more than two years on Tuesday as traders scale back wagers on US rate cuts...
