Fed adopts strict trading rules after ethics scandal NEW YORK: The Federal Reserve on Friday adopted an extensive set of restrictions on trading by policymakers and... Published 19 Feb, 2022 04:15am
Business & Finance Facing questions on trades, Fed vice chair to leave early NEW YORK: Federal Reserve Vice Chair Richard Clarida announced Monday he will exit the US central bank early... Published 12 Jan, 2022 04:25am
World Powell to target inflation at confirmation, face trading scrutiny WASHINGTON: Federal Reserve Chair Jerome Powell will highlight the central bank’s efforts to fight inflation and... Published 12 Jan, 2022 04:25am
Print Fed turns focus to rate debate WASHINGTON: US Federal Reserve officials on Monday turned their focus towards a debate over interest rate policy ... Updated 09 Nov, 2021 09:50am
World Fed asks watchdog to review officials’ trading WASHINGTON: The Federal Reserve has asked its watchdog to investigate the trading activities of senior officials, ... Published 06 Oct, 2021 04:17am
World Fed vice chair traded into stocks on eve of Powell pandemic statement: Bloomberg NEW YORK: US Federal Reserve Vice Chair Richard Clarida traded between $1 million and $5 million out of a bond fund... Updated 03 Oct, 2021 12:17pm
Print Fed chief signals US economy may be ready for less stimulus by year end WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw... Published 29 Aug, 2021 04:02am
Markets Gold steady in Europe AMSTERDAM/LONDON: Gold prices edged higher on Thursday as the dollar eased from a one-week peak, though gains were... Published 06 Aug, 2021 04:18am
Print Fed backs interest rates liftoff in 2023 WASHINGTON: The US economy is on track by the end of next year to meet the employment and inflation hurdles the... Published 05 Aug, 2021 04:35am
Markets Gold rises above $1,900/oz as dollar weakens, inflation jitters persist Investors now await key US economic data due later this week, including gross domestic product, jobless claims and consumer spending. Published 26 May, 2021 01:08pm
Markets Wall Street dips as investors eye inflation clues Yields on longer-dated U.S. Treasuries fell for a fourth straight day, with the benchmark 10-year yield hitting a fresh two-week low of 1.564pc and helping to ease inflation worries. Published 26 May, 2021 12:58am
World US recovery could be ‘unprecedented’, says Fed official WASHINGTON: Bringing the US economy back from the brutal downturn caused by Covid-19 will take time, and hiccups ... Updated 18 May, 2021 09:36am