Tag: Fed

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing programme, futures point to lower opening

In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing.

What does Powell’s Fed have in store for the rand?

Jameel Ahmad | FXTM This week we saw new Federal Reserve Chairman Jerome Powell take the helm for his first FOMC meeting as Fed chair.  The Federal Reserve raised interest rates for the sixth...

S.Africa’s rand races to 2-month high after CPI dips, dovish Fed minutes

South Africa's rand extended gains to near a two-month high on Thursday as the dollar stumbled after minutes of a policy meeting of the U.S. central bank showed members agreed on delaying rate hikes.

How a possible Yellen departure could spark a fire under the Fed to cut its $4.5 trillion balance sheet

It's often said that good things come to those who wait — but a bloated $4.5 trillion balance sheet might be a notable exception to that rule. With the Federal Reserve facing a...

Asian shares rise but mood cautious ahead of an event-packed week

By Hideyuki Sano Asian shares rose on Monday, taking their cue from gains on Wall Street after strong U.S. job data, though the mood was cautious as oil prices plunged to 3 1/2-month...

Interest rates unchanged, but a lot to think about

From the Bank of Japan, to the Federal Reserve, to South African Reserve Bank, last week was big for monetary policy.