US Economy
Fed decision leaves forex market set for dollar short squeeze
The lack of a killer dovish catalyst from the latest Federal Reserve meeting triggered a near-term rally in the dollar as sizable short positions in the under-pressure currency were unwound.
US Economy
Fed sees rates near zero through 2023 to boost jobs, inflation
Federal Reserve officials held interest rates near zero and signalled they would stay there for at least three years, vowing to delay tightening until the US gets back to maximum employment and 2%
US Economy
Partisan squabbling in US senate puts economic stimulus into jeopardy
Odds of another round of fiscal stimulus for the U.S.
US Economy
Fed's new policy shift to have no major impact, say economists: Reuters poll
The US Federal Reserve’s latest policy shift will not have any significant impact on the economy, according to a majority of economists in a Reuters poll who do not expect the central bank to meet
US Economy
Fed chairman Powell warns of long recovery despite employment uptick
US employment figures showed better than expected results in August, but the Federal Reserve remains cautious about the future economic situation.
US Economy
New York’s attorney general sues Trump organisation, Eric Trump
New York’s attorney general brought a sealed lawsuit against President Donald Trump’s company, his son Eric and his personal attorney seeking to enforce an investigatory subpoena.
US Economy
What does the weaker US dollar mean for the Asia Pacific region?
The US dollar has been on the decline since the onset of the Covid-19 pandemic, partly due to an expected slowdown in the US economy’s growth.
US Economy
It's official: The US economy entered into a recession in February
(June 9): The US economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group that acts as the arbi
US Economy
Fed officials worry about lasting economic scars from Covid-19, but Warren Buffet remains confident of the 'American Magic'
(May 4): American business tycoon and philanthropist Warren Buffet says he is optimistic that the ailing US economy can make a comeback from the throes caused by the coronavirus pandemic.
US Economy
US Fed keeps rates unchanged and pledges to maintain it till economy improves
SINGAPORE (Apr 30): The US Federal Reserve has voted to keep interest rates unchanged in its policy meeting on Apr 29.
