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Wednesday, September 18, 2019

Tag: US Federal Reserve

US Fed now expects no rate hikes in 2019

This came as a shock to many economists, since as recently as Sept, the Fed expected to raise rates three times this year.

US Fed chairman says Trump can’t fire him

Last year, Trump angrily denounced the Fed's interest rate hikes, which led to talk of plans to fire Powell, even though he was the president's nominee.

Gold prices rise on trade talk optimism, Fed stance limits gains

The dollar index against a basket of six major currencies is set to decline about 0.3% this week, which could be its biggest weekly fall in a month.

UBS sees Fed hiking twice while Asia central banks pause in...

A growing US economy and low recession risk may provide opportunities for the Fed to ratchet up borrowing costs.

US Fed poised to signal pause in interest rate hikes

A remarkably low 72% of market participants expect an increase in the federal funds rate which is used to set the cost of borrowing for everything from homes to cars.

Guardians of the global economy descend on Bali divided

The political obstacles might prove particularly daunting when it comes to the Fed activating emergency swap lines to provide other central banks with dollars to dole out in a crisis.

Bursa opens higher post US Fed

A dealer says KLSE is tracking Asian stocks which open mixed as investors assessed commentary from the Federal Reserve.

European shares steady ahead of expected Fed rate hike

News that carmakers had triggered some Brexit contingency plans in Britain were weighing on the automobile sector which, with a 1.1% fall, was sustaining the heaviest losses.

Deutsche Bank shares rise after US stress test failure

The Fed, which regularly checks banks' financial strength, had cited "widespread and critical deficiencies" in Deutsche's capital planning controls.

Rob Cohen cooks up perfect storm in ‘Hurricane Heist’

This year the US Federal Reserve will shred an estimated 5.6 billion damaged, out-of-date or just plain shabby banknotes worth a combined US$175 billion and send them to be incinerated.

Yellen’s swan song to markets

Her Fed telegraphed its every move to withdraw stimulus, and it trained investors to not see the Fed as a threat to markets’ prosperity.

Ringgit poised to be worst performing Asian currency

Currency hit by Donald Trump’s impending presidency, acceleration of US interest rate hikes, low crude oil prices and the 1MDB scandal fallout, says report.

Fed to raise rates as Trump economy looms

A Wall Street Journal poll of economists this week put the Federal funds rate at an average of 1.26 percent by December 2017, implying four rate increases.

Ringgit opens lower against US dollar

The local unit's onshore trading was at 4.3380/3500 against the greenback from 4.3340/3390 on Tuesday.

Ringgit opens higher against US dolllar

The local unit was quoted at 4.0355/0405 versus the US dollar from 4.0490/0540 on Thursday.

Ringgit opens slightly lower against US dollar

The local unit was quoted at 4.0530/0600 against the US dollar from 4.0470/0520 on Thursday.