BEIJING, April 19- China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth. The People's Bank of China lowered the reserve requirement ratio for all banks by 100 basis points-...» Read More
On the day after an unusually important Fed policy meeting both gold and stocks severely rebuked the central bank’s decision to take no action in support of the weak dollar or to curb rapidly growing inflation.
Bank of Japan policy board member Seiji Nakamura said on Thursday the global economic outlook is highly uncertain due to world inflation worries and slowing economic growth, signaling there will be no policy change by the central bank in the near term.
Before getting into the nuances of the statement, it’s important to not lose sight of the overall action: for the first time since the Fed began cutting rates in September — by 3.25 percentage points in total — the Fed stood pat today. That is probably a clearer indication of what the Fed will do next than anything the Fed said.
The Latin American nation's got the growth. Also, Cramer's reaction to the Fed decision.
The Federal Reserve will hold its key interest rate at 2 percent for the remainder of the year as the economy winds through the various challenges it faces, according to bond manager Bill Gross.
"Although downside risks to growth remain, they appear to have diminished somewhat.." the Fed said in its statement.
The Federal Reserve held interest rates steady and said the risk of inflation has grown but stopped short of signaling that higher interest rates were coming soon.
The Federal Reserve is expected to hold interest rates steady and indicate slightly greater unease on inflation, while stopping well short of signaling higher interest rates.
Stocks edged higher ahead of the Federal Reserve's decision today, and CNBC asked the experts whether it would cut, hike or hold interest rates.
New orders for long-lasting U.S. manufactured goods were unchanged in May after two consecutive months of decline.
Inflation risks have increased in the medium term and the European Central Bank stands ready to counter inflationary pressures, ECB President Jean-Claude Trichet told the EU Parliament on Wednesday.
The markets have worked themselves into a frenzy of navel contemplation about today's Fed meeting, and the "consensus" seems to be investors are collectively worried about Ben Bernanke & Co. sounding too hawkish.
The Federal Reserve finds itself in an uncomfortable situation: Staring down the barrel of inflation with limited options on what it can do.
With food and oil prices surging it seems almost certain the Fed will fight inflation with a rate hike, But when?
The Dow closed lower on Tuesday with stocks slipping on concerns about the economy after consumer confidence fell to a 16-year low. What's the "Word on the Street?"
There aren't many buys in tech right now, but this stock could have the best quarter in the sector.
The federal government’s policy of the last several years," writes Fast Money fan Mark C., "has given us the dot com bubble...
S&P C-S looks at prices in the top ten and top twenty markets, and those indexes are down 16.3 percent and 15.3 percent respectively on an annual basis for April. The OFHEO index shows prices nationwide down 4.7 percent from a year ago.
Borrowing costs are likely to hold steady as the Federal Reserve tries to avoid both stirring inflation and stifling a fragile economy.
US consumer confidence fell in June to its lowest in 16 years as high inflation continued to sap confidence and pushed expectations for the future to a record low.