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The executive order, which is expected to be signed this week, will be a first step in regulating the cryptocurrency market in the US.

08/03/2022

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COVID-19 spread prompts Federal Reserve to slash rates

The Federal Reserve cut its benchmark interest rate by a half-percentage point in an effort to boost the economy in the face of the spreading coronavirus.

03/03/2020

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US Federal Reserve cuts rates for second time since July

The US Federal Reserve cut rates for the second time since July cited global developments and "muted inflation pressures".

18/09/2019

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US Federal Reserve cuts interest rate, citing weak global growth

The US Federal Reserve lowered its interest rate on Wednesday due to weak global growth and trade uncertainty. Could the cut affect Europeans?

01/08/2019

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US Federal Reserve hikes interest rate

The US Federal Reserve hikes interest rate, predicts three more years of economic growth.

26/09/2018

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Trump accuses China and EU of currency manipulation

The comments, plus Trump's criticism of Federal Reserve interest rate hikes, sent the dollar tumbling

20/07/2018

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Inflation jump raises rate rise worries in USA

America's Federal Reserve may be prompted to act more drastically should inflation take off, and higher interest rates mean slower economic growth.

14/02/2018

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Senate confirms Powell as next Federal Reserve chairman

The US Senate overwhelmingly approves President Trump's nominee for the Federal Reserve, Jerome Powell.

24/01/2018

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Jerome Powell named new Fed Chair

The 64-year-old lawyer and former investment banker is currently governor of the US central bank.

02/11/2017

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Federal Reserve meets ahead of expected interest rate rise

13/06/2017

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US job growth rebound makes interest rate hike more likely

There was a sharp rebound in job growth in the United States in April as employers hired 211,000 new workers.The unemployment rate slid to 4.4%.

05/05/2017

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Economists do not expect the Federal Reserve to raise the benchmark interest rate on Wednesday at the end of its two-day policy meeting.

02/05/2017

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Weak consumer spending caused the US economy to grow at a just 0.7 percent annual rate between January and March - its weakest pace in three years.

28/04/2017

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European shares jump on Dutch election result and dovish Fed

European shares hit their best level in 15 months on Thursday helped by the Dutch election and the laid back approach by the Federal Reserve.

16/03/2017

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The US Federal Reserve raised interest rates for the second time in three months, a move spurred by steady economic growth and strong job gains.

15/03/2017

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Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US.

14/03/2017

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As central bankers bid farewell to the devil they know, financial regulation has entered a period of high uncertainty – and high anxiety for policymakers as they await an announcement from Mar-a-Lago.

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Fed's Yellen warns against delaying interest rate hikes, speaks of 'uncertainty' over US fiscal policy

The US central bank is previewing interest rate rises, with Fed Chair Janet Yellen warning it is "unwise" to wait too long.

14/02/2017

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It's not easy running a central bank in these strange political times

Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.

21/12/2016