Tag: US Federal Reserve

Saturday, March 8th 2014 - 06:37 UTC
US unemployment rises slightly in February despite a boost in new jobs

The US economy added 175,000 new jobs in February, but the unemployment rate rose slightly to 6.7%. The jobs figures, from the US Labor Department, were better than many had been expecting and marked a rebound from two weak months.
Wednesday, January 29th 2014 - 20:31 UTC
Lagarde admits volatility in global markets as strong economies tighten monetary policy

Monetary policy tightening in advanced economies will cause volatility in international markets this year and impact the monetary situation of some emerging economies, IMF Managing Director Christine Lagarde cautioned on Wednesday.
Saturday, November 9th 2013 - 18:21 UTC
US economy picking up: more jobs in October and 2.8% growth in third quarter

The US economy added a better-than-expected 204,000 jobs in October, according to the latest figures from the Labor Department. There had been fears that the 16-day shutdown of government services last month could have hit jobs growth.
Friday, September 20th 2013 - 20:29 UTC
“Bellwether” Fed member says massive bond buying program could be tapered in October

The US Federal Reserve could still scale back its massive bond buying program at an October meeting should data point to a stronger economy, St. Louis Fed President James Bullard said on Friday. “October is a live meeting” he told Bloomberg television.
Tuesday, August 27th 2013 - 22:06 UTC
Brazil’s Mantega admits ‘mini-crisis’; blames the US Fed confusing messages

Brazil's economy is going through a “mini crisis” stemming from global markets turbulence made worse by confusing messages from the US Federal Reserve, complained Finance Minister Guido Mantega.
Wednesday, July 10th 2013 - 06:01 UTC
Storm clouds ahead for Chilean economy as world copper prices continue to fall

Chile cut its copper output forecast for the year to 5.53 million tons due to setbacks at certain mines, though production is still expected to jump from 2012 as a new deposit comes online, the mining ministry said this week.
Thursday, August 23rd 2012 - 01:33 UTC
The US Fed considering round of monetary stimulus “fairly soon”

The Federal Reserve is likely to deliver another round of monetary stimulus “fairly soon” unless the economy improves considerably, minutes from the US central bank's August meeting show.
Wednesday, April 11th 2012 - 00:38 UTC
Bernanke says more bank regulation is needed to ensure stable financial system

US Federal Reserve Chairman Ben Bernanke said banks need to have more capital at hand in order to ensure the financial system is stable. Bernanke said regulators were taking steps to force financial institutions to hold higher capital buffers, even if they allow for a long period of implementation to prevent any market disruptions.
Saturday, May 28th 2011 - 07:24 UTC
Even if US tightens liquidity, hot money to emerging economies will continue

Capital flows to emerging markets won’t significantly slow when the US Federal Reserve ends its bond-purchasing program known as quantitative easing, said Olivier Blanchard, chief economist at the IMF.