Fed

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Fed raises interest rates, citing ongoing U.S. recovery

 The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis.

US Federal Reserve signals December rate rise more likely

 US Federal Reserve officials appear more confident that the economic conditions needed to trigger an interest rates rise are near.

Vietnam’s stocks remain attractive amid currency war

VietNamNet Bridge - Though the risk from exchange rate fluctuations continues, the Vietnamese stock market remains an attractive investment channel, analysts say.

Vietnamese businesses prepare for US prime interest rate hike

VietNamNet Bridge - Vietnamese businesses are holding their breath waiting for the US FED’s decision to raise the prime interest rate increase, slated for September.

Federal Reserve rate rise before April 'unlikely'

 US Federal Reserve officials do not believe that they will raise the benchmark short-term federal funds interest rate before April, minutes released on Wednesday revealed.

Federal Reserve plans to end stimulus in October

 The Federal Reserve will end its stimulus programme in October if US economic growth continues at its current pace, according to minutes from its June meeting.

U.S. Fed announces further cut in bond purchase program

The U.S. Federal Reserve announced on Wednesday that it will continue to reduce the amount of money it is pumping into the recovery since May, as it sees consistent improvement in the world's largest economy.

U.S. Fed rejects Citigroup's capital plan in stress test

 The U.S. Federal Reserve on Wednesday rejected the capital plan of Citigroup Inc. on "qualitative concerns" as part of its annual comprehensive capital checkup based on stress test result.

Gold keeps dropping on Fed tapering speculation

 Gold futures on the COMEX division of the New York Mercantile Exchange dropped Monday to the lowest since Oct. 15, on speculation that the Federal Reserve may soon move to scale down its bond purchase.

Fed leaning toward reducing stimulus this year: minutes

 Federal Reserve policymakers were still leaning toward reducing US monetary stimulus this year, despite a decision to hold fire in September, the minutes of their last meeting showed Wednesday.

U.S. Fed holds steady on stimulus to support economy

 The U.S. Federal Reserve said on Wednesday that it will continue its 85-billion-dollar monthly bond purchase program to spur economic growth.

Jittery markets await clarity from the Fed

 The Federal Reserve's policy board meets Tuesday to review the economy and its stimulus program, and markets are looking for one thing: clarity.

Fed stays easy-money course

The Federal Reserve held its easy-money policies in place Wednesday in the face of a moderately growing economy facing headwinds from the government's severe "sequester" spending cuts.

Fed likely to stay course as Cyprus roils markets

 The Federal Reserve looked set to keep its loose monetary policy in place this week as a shock Cyprus plan to seize bank deposits stoked fears of a reigniting eurozone banking crisis.