The Federal Reserve is telling us that not much has changed in the economy in the United States except rates are going to rise faster.Friday, 21 March, 2014, 12:59am
Most US stocks inched up yesterday after fresh data showed steady gains in jobs while the jobless rate stayed at a level that's unlikely to hasten the end of the Federal Reserve stimulus.5 Jan 2013 - 3:13am
United States Federal Reserve chairman Ben Bernanke has moved the central bank further into uncharted policy territory in combating joblessness by tying the bank's interest rate outlook to unemployment and inflation, while committing its balance sheet to an even faster expansion.14 Dec 2012 - 3:00am
THE Hang Seng Index finished the week on a high note and fuelled expectation that the 10,000 level would be tested soon.
Majority opinion sees a United States rate cut when the Federal Open Market Committee (FOMC) meets on December 19.
After rising as much as 1.09 per cent on Friday, the index closed up 49.21 points, or 0.5 per cent, at 9,862.55.3 Dec 1995 - 12:00am
THE market is expected to come under selling pressure when it opens today, following the trend on Wall Street, which fell 20 points on Friday.
Volume there was low as investors were still waiting for the US Federal Open Market Committee's (FOMC) decision on interest rates, due tomorrow.14 Nov 1994 - 12:00am
CONCERN about the US Federal Reserve bank and its plans for interest rates dominated gold sentiment in London, especially the share market where gold shares were static in dull trade with the market struggling for direction.
'It's pretty quiet and has been for a while. We need something to break us out of what has been a very tight trading range,' one dealer said.8 Nov 1994 - 12:00am
THE lacklustre money market was filled with cautious sentiments and jitters about a possible interest rate increase next week after the Group of Seven (G-7) summit meeting and the release of the US June employment figures today.8 Jul 1994 - 12:00am