Tag: US interest rate

• Thursday, March 26th 2015 - 09:07 UTC

  Brazil central bank will cease forex intervention program as of April

  

  Brazil's central bank announced on Tuesday it will not extend its currency intervention program past March 31 as a combination of political problems at home and fears of higher U.S. interest rates push the Real near its lowest levels in a decade. The bank will, however, roll over all swaps expiring after May 1.

• Thursday, January 29th 2015 - 08:41 UTC

  Federal Reserve pledges to be 'patient' on raising interest rates from record lows

  

  The U.S. Federal Reserve on Wednesday after a two-day meeting reiterated its pledge to be patient and hold off on raising interest rates from the record low levels they’ve been at for the last six years. The Fed also pointed out it was watching “international developments” closely.

• Thursday, September 18th 2014 - 05:30 UTC

  Fed evasive about when it will begin to raise interest rates, “considerable time”

  

  The US Federal Reserve has reiterated that it will raise interest rates once a “considerable time” has passed after its stimulus program ends in October. The announcement came at the end of a two-day meeting of the central bank's policy committee in Washington DC.

• Thursday, March 20th 2014 - 03:26 UTC

  US Fed hints interest rates could start to rise in early 2015 as jobs picture improves

  

  The US Federal Reserve Chair Janet Yellen hinted on Wednesday that interest rates in the US could start to rise in early 2015, that is six months after it halts its monthly bond-buying program. Ms Yellen made the remarks after the Fed said it will scale back bond purchases by a further 10bn dollars per month.