Federal Reserve officials were almost ready to raise interest rates in September but held off because of China's economic slowdown and its potential to derail U.S. growth and inflation. Minutes of the Sept. 16-17 discussions showed the central bank believed the time for the first Fed rate increase...

Topics:  federal reserve   u.s    fed   sept   
BING NEWS:
  • Fed's Bowman repeats she's willing to hike rates if needed
    U.S. Federal Reserve Governor Michelle Bowman on Friday repeated her view that inflation will fall further with the policy rate held steady, but said she has seen no improvement on inflation this year ...
    05/17/2024 - 4:42 am | View Link
  • Global stocks are mostly higher ahead of crucial US inflation update
    World stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high ...
    05/14/2024 - 11:31 pm | View Link
  • Are US interest rates high enough to beat inflation? The Fed will take its time to find out
    The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting ...
    05/13/2024 - 9:26 am | View Link
  • Shares up, Is China in a new bull mkt?, RBA less hawkish, BoE near cut, Sweden cuts, Budget preview
    Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and ...
    05/10/2024 - 8:09 am | View Link
  • GLOBAL MARKETS-Asia shares rise on rate cut bets; Aussie slips on RBA
    European policymakers are readying cuts for June, capping the euro, and rates are not expected to move too far above zero in Japan this year, leaving a wide gap with the rest of the world. The dollar ...
    05/6/2024 - 6:00 pm | View Link
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