Wednesday, September 23

Tag: Interest Rates / Policy

Highlights: Quotes from Federal Reserve Chair Powell’s press conference

Highlights: Quotes from Federal Reserve ...

NEWS
WASHINGTON (Reuters) - The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unravelling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging hundreds of billions of dollars in asset purchases and bac... ...
Factbox: Latest on the spread of the coronavirus around the world

Factbox: Latest on the spread of the cor ...

NEWS
(Reuters) - Global cases of the new coronavirus have shot past 1 million with more than 54,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while the world economy nosedived. FILE PHOTO: Fake blood is seen in test tubes labelled with ... ...
Another black Monday as coronavirus response upends Wall Street

Another black Monday as coronavirus resp ...

NEWS
NEW YORK (Reuters) - Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedented steps taken by the Federal Reserve, lawmakers and the White House to slow the spread and blunt the economic hit of the coronavirus failed to restore order to markets. The S&P 500 tu... ...
Sterling slips after PM Johnson admitted to hospital for tests

Sterling slips after PM Johnson admitted ...

NEWS
FILE PHOTO: An English ten Pound note is seen in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration LONDON (Reuters) - Sterling briefly fell against the U.S. dollar in late Sunday trading on news that UK Prime Minister Boris Johnson was admitted to hospital for tests. The Bri... ...