• Sat
  • Dec 20, 2014
  • Updated: 11:02pm

US Federal Reserve

Founded in 1913, the Federal Reserve is the central banking system for the United States.

Fed signals rates rise on track for next year

Janet Yellen clarifies the central bank's decision to take a 'patient' approach in deciding when to increase borrowing costs. Photo: Reuters

The US Federal Reserve offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep them near zero for a "considerable time" in a show of confidence in the American economy.

Friday, 19 December, 2014, 6:54am

US Fed debates communicating pace of future US interest rate increases

Fed debates pace of future rate increases

United States central bankers are weighing whether they should communicate more of their views about the probable pace of interest-rate increases after they lift off zero next year.

21 Nov 2014 - 7:21am

Fed goals diverge as inflation, jobs clash

Economists are split over whether the Fed will dismiss a shortfall in its inflation goal in the decision over rate rises. Photo: Bloomberg

Just when Federal Reserve chairman Janet Yellen and her colleagues approach a decision to raise interest rates, their two mandates will probably be pulling them in different directions.

20 Nov 2014 - 9:33am

Fed rate rises fail to deter investors in long bonds

The US Federal Reserve is set to raise interest rates. Photo: Reuters

For all the talk that US Treasuries will tumble once the Federal Reserve starts to raise interest rates, investors in the longest-dated debt securities are finding little cause for concern.

11 Nov 2014 - 5:33am

Fed readjusting to new policy era after recovery from financial crisis

Yellen can afford to wait and see how the economy shapes up over the next few months.

All good things inevitably come to an end. In the case of the United States economy, it was about time Federal Reserve chief Janet Yellen brought the Fed's five-year bond-buying programme, or quantitative easing, to a timely conclusion.

3 Nov 2014 - 4:19am

US Federal Reserve expected to end monetary stimulus this week

Fed chairwoman Janet Yellen. The Fed is currently adding US$15 billion in cheap funds to the economy per month under quantitative easing.

The US Federal Reserve is likely to make a final push into the post-crisis era this week with a decision to finally wind up its six-year-old economic stimulus operations.

27 Oct 2014 - 5:19am

Increased Fed fund rate to prick Hong Kong's credit bubble

The US Federal Reserve will halt the third round of a bond-buying programme that has since 2008 pumped around US$4 trillion into US and global markets. Photo: EPA

Hong Kong banks have been awash with cheap credit for nearly seven years but the wellspring is about to dry up.

22 Sep 2014 - 6:38am

Bond fund weekly outflows are biggest of year

Funds that mainly hold US stocks attracted US$8.7 billion in new cash, with ETFs attracting all of the new money. Photo: Bloomberg

Investors worldwide pulled a net US$3.8 billion from bond funds in the week to last Wednesday on rising fears of an early rate rise from the US Federal Reserve, a Bank of America Merrill Lynch report showed.

22 Sep 2014 - 4:28am

Fed’s move to stick with easy-money policy pushes US stocks to record

The Federal Open Market Committee, led by Fed chairwoman Janet Yellen, left in place expectations for an initial rise in the federal funds rate only in mid-2015. Photo: AFP

The US Federal Reserve has declared it will stick to its slow-but-steady plans to tighten monetary policy.

18 Sep 2014 - 9:44am

Investors brace for US Fed verdict on interest rates

Many Federal Reserve officials once believed the so-called overnight reverse repurchase facility would become the main lever for steering interest rates and play a central role in a new monetary policy framework. Photo: AFP

There is a distinct chance US Federal Reserve officials will rewrite their strategy for normalising monetary policy this week given signs that a roller-coaster debate over a new tool for controlling interest rates is nearing its resolution.

17 Sep 2014 - 11:08am

Fed pushing for biggest US banks to shrink

Fed Governor Daniel Tarullo highlighted several proposals that regulators are working on, including imposing additional capital requirements for the eight largest banks that exceed the levels mandated by international regulators. Photo: AFP

The Federal Reserve is pushing the biggest US banks to shrink so that they are less of a risk to the financial system.

10 Sep 2014 - 9:21am

Pressure builds within US Federal Reserve to signal new policy course

Fed chairwoman Janet Yellen will have to contend with a potentially uncooperative world economy that could upend US economic progress. Photo: AP

Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the US economy and lay the groundwork for the central bank's first interest rate increase in nearly a decade.

25 Aug 2014 - 11:31pm

US Federal Reserve prepares to keep balance sheet near records

James Bullard, president of the Federal Reserve Bank of St Louis.

United States Federal Reserve officials, concerned that selling bonds from their US$4.3 trillion portfolio could crush an economic recovery, are preparing to keep their balance sheet close to record levels for years.

13 Jun 2014 - 5:57am

Why US interest rates aren't going higher any time soon

Illustration: Emilio Rivera

Financial markets have been primed for about a year now to expect higher US interest rates. They haven't arrived yet and probably won't until well into 2016.

10 Jun 2014 - 1:06am 3 comments

Federal Reserve chief Yellen plans to keep US interest rates low

Fed chairwoman Janet Yellen. Photo: Reuters

For Federal Reserve chairwoman Janet Yellen, monetary policy now is all about a simple rule familiar to any subway rider: mind the gap.

18 Apr 2014 - 1:53am 1 comment