Federal Open Market Committee

US Fed raises interest rates by 75 bps in face of inflation

Wed, 21 Sep 2022 - 06:47 GMT

This is the third time in a row for Fed to raise interest rates against the background of its struggle with the US soaring inflation due to the Ukraine crisis and its impacts on world economies.

Dollar weakens on U.S. tax reform worries

Thu, 09 Nov 2017 - 01:10 GMT

The dollar slipped to a more than one-week low against the yen on Wednesday, pressured by worries over possible delays to Trump's tax reform plans.

Gold treads lower ahead of Fed minutes

Wed, 16 Aug 2017 - 08:34 GMT

Gold prices tread lower on Wednesday as the dollar steadied, with investors awaiting minutes from the U.S. Federal Reserve's last meeting in July .