BREAKING NEWS

Federal Reserve

Business

US Q3 GDP growth beats estimates

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

Better than expected GDP and Income data from US suggest Federal Reserve will raise interest rates in December.

Business

Federal Reserve keeps borrowing costs unchanged

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

Business

Exports boost US economic growth

The US economy grew at its fastest pace in two years in the third quarter - up 2.9 percent - helped by a surge in exports.

The US economy grew at its fastest pace in two years in the third quarter - up 2.9 percent - helped by a surge in exports.

Business

Rising US inflation makes December interest rate hike more likely

US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.

US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.

Business

Clinton vs Trump - Round One

In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.

In Business Line we assess the debate in which the presidential candidates clashed over trade, taxes and how to remake the US economy.

Business

Yellen defends Federal Reserve against Trump bias accusations

Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".

Janet Yellen, the head of the US central bank, has defended it against accusations from Republican presidential candidate Donald Trump saying: "The Federal Reserve is not politically compromised".

Business

Federal Reserve policy meeting starts - interest rate hike not expected

Policymakers at the US central bank, the Federal Reserve, started a two day meeting on Tuesday. A majority of economists expect its benchmark main interest rate to be left unchanged.

Policymakers at the US central bank, the Federal Reserve, started a two day meeting on Tuesday. A majority of economists expect its benchmark main interest rate to be left unchanged.

News

Eight years on - the collapse of Lehman Brothers

US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.

US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.

Business

European markets hit by worries over US rate hike timing

Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.

Monday was a rough day for the world's financial markets amid fears that the Federal Reserve could raise interest rates again as early as next week.

Business

US job growth slows in August

US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.

US employment growth slowed more than expected in August to 151,000, probably ruling out an interest rate hike by the Federal Reserve this month.

Business

US jobs jump in June

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

US payrolls increased by 287,000 in June as manufacturers and retailers boosted hiring, confirming the economy has regained speed.

Business

The ECB and Federal Reserve talk Brexit

The Head of the European Central Bank Mario Draghi has vowed immediate action if Britain votes to leave the EU.

The Head of the European Central Bank Mario Draghi has vowed immediate action if Britain votes to leave the EU.

News

Brexit breeds caution among banks and money makers

Money markets and investors world wide are waiting with bated breath for the UK’s decision next week on its future, in or out, of the European Union.

Money markets and investors world wide are waiting with bated breath for the UK’s decision next week on its future, in or out, of the European Union.

Business

Fed due to call on interest rate hike

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

Business

Another US interest rate hint from the Federal Reserve

One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.

One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.

Business

Fed: June US interest rate rise could be 'appropriate'

Minutes from the latest meeting of Federal Reserve's policymakers reveal they feel the US economy could be ready for an interest rate increase as early as June.

Minutes from the latest meeting of Federal Reserve's policymakers reveal they feel the US economy could be ready for an interest rate increase as early as June.

Business

US Federal Reserve keeps interest rates unchanged

The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling

The US Federal Reserve kept interest rates unchanged on Wednesday (April 27). However it left the door open to a hike in June by signalling

Business

No interest rate change expected from Federal Reserve policy meeting

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Federal Reserve policymakers are expected to leave the cost of borrowing unchanged in the face of disappointing word on durable goods orders and consumer confidence.

Business

After a volatile 2015, a look forward to 2016

On the season finale of Business Middle East we summarise a volatile year and discuss the 2016 forecast for global and MENA markets with Nour Eldeen

On the season finale of Business Middle East we summarise a volatile year and discuss the 2016 forecast for global and MENA markets with Nour Eldeen