The Manila Times on MSN

US Fed official backed rate pause because inflation 'too high'

A senior member of the US Federal Reserve (Fed) on Friday said he voted against cutting interest rates this week because inflation was “too high” for comfort.

The Fed is about to start boosting financial markets again. Here's why.

Ending the program as of Dec. 1 is just another way for Fed officials to ease financial conditions, albeit through different channels than a rate cut would. Changes to the Fed's balance sheet impact ...

Fed Hawks Press Case for No Rate Cuts, This Week and in December

On Wednesday, after the Fed's policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% ...

Yen faces worst monthly drop since July as BOJ disappoints

The Japanese yen was heading for a monthly loss against the U.S. dollar on Friday after the Bank of Japan disappointed traders hoping for a more hawkish stance on future rate hikes, while the Federal ...
Malay Mail

US Fed split deepens as officials clash over rate cuts and stubborn inflation

A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was “too high” ...

No jobs report again. But these numbers show how the U.S. economy is doing.

The second postponed jobs report in a row has made it hard for investors and senior Federal Reserve officials to figure out if the economy is getting better or worse. Hiring had almost grinded to a ...

US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relations

NEW YORK (AP) — The U.S. stock market sank from its record heights on Thursday, as Wall Street sifted through mixed ...