Tag: US Federal Reserve

• Wednesday, January 30th 2019 - 08:54 UTC

  Latin American markets outperform world stocks struggling over US/China trade talks

  

  Latin American stocks rose on Tuesday, outperforming world stocks that struggled to hold gains ahead of keenly awaited U.S.-Sino trade talks, earnings of top technology companies and an impending U.S. Federal Reserve decision on interest rates.

• Wednesday, December 19th 2018 - 09:12 UTC

  Latin American markets and currencies cautious ahead of Fed's two-day meeting

  

  Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.

• Thursday, October 11th 2018 - 09:08 UTC

  US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

  

  United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.

• Friday, October 5th 2018 - 08:36 UTC

  Argentine Peso slips on Thursday on prospects of higher US interest rates

  

  Argentina’s Peso fell on Thursday, pressured by the recession-hit country’s dismal inflation outlook and higher U.S. interest rates that have pushed capital away from riskier emerging markets and toward the greenback, local traders said. The peso shed 1.85% to close at 38.4 per dollar after having gained 9.58% over the previous three days under a freshly-renegotiated International Monetary Fund financing deal that calls for tougher fiscal and monetary policy measures.

• Friday, September 28th 2018 - 08:58 UTC

  Brazilian currency strengthens below 4 to the dollar: first time in five weeks

  

  The Brazilian currency dipped under four Real to the dollar for the first time in five weeks at close on Thursday as the markets reacted favorably to the emergence of two clear presidential election frontrunners. The Real closed at 3.99 to the US dollar just two weeks after hitting a record low of almost 4.2 to the dollar -- it's lost around 17% since the start of the year.

• Wednesday, September 26th 2018 - 21:13 UTC

  Fed raises interest rate and announces a third increase this year

  

  The United States Federal Reserve announced on Wednesday, after a two-day policy meeting, that it would raise interest rates for the third time this year. The decision, which had been widely expected, raised the federal funds rate by 25 basis points, to a range of 2% to 2.25%.

• Thursday, August 23rd 2018 - 08:52 UTC

  Federal Reserve ready to raise interest rates, according to minutes

  

  United States Federal Reserve officials discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the U.S. central bank’s last policy meeting showed.

• Wednesday, August 22nd 2018 - 08:40 UTC

  Brazil's Real plunges past four to the US dollar, first time since March 2016

  

  Most emerging market currencies worldwide rallied on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, while Brazil's Real fell to its lowest in more than two years on political concerns.

• Thursday, June 14th 2018 - 08:13 UTC

  Fed raises basic rate to 2%; anticipates further increases amid strong economic growth

  

  The US Federal Reserve raised the benchmark lending rate on Wednesday, the second increase of the year, and signaled it will be more aggressive about rate increases this year and next amid “strong” economic growth. The unanimous vote brings the federal funds rate to a range of 1.75 to 2%, but the quarterly economic forecasts show central bankers now expect the rate to end the year at 2.4% rather than the 2.1% projected in March.

• Friday, May 11th 2018 - 08:50 UTC

  Brazil inflation in April below official target; another interest rate cut expected

  

  Brazil's inflation rate unexpectedly slowed in April and kept far below the official target, suggesting a recent period of currency weakness is unlikely to keep the central bank from cutting interest rates next week.