Fed rate cut

The Federal Reserve building is pictured in Washington, DC, US, August 22, 2018/ Reuters

Fed slashes rates, global central banks coordinate to cushion coronavirus blow

The Fed also said it would support US banks that began to tap the capital and liquidity buffers they built up in the aftermath of the 2008 financial crisis and would reduce reserve requirement...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly/File Photo

Global Economy

Raging virus makes zero rates a possibility as Fed meets

In a matter of weeks, the highly contagious disease has pushed the world to the brink of a recession more severe than the 2008 financial crisis. The Photo shows a visitor wearing a protective face mask walks past a stock quotation board outside a brokerage in Tokyo, on March 2, 2020/ Reuters

Coronavirus chronicle

Asian shares struggle for traction as Fed cut fails to lift confidence

South Korean won, Chinese yuan and Japanese yen notes are seen on US 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015/ Reuters

Global Economy

Asian currencies gain on Fed rate cut bets

Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, US, September 18, 2019/Reuters

Global Economy

Fed cuts interest rates, signals holding pattern for now

A man in a bicycle stops in front of an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, March 25, 2019/Reuters

Global Economy

Oil steps back on Saudi supply reassurance, focus shifts to Fed

Global Economy

Fed was divided on rate cut, wanted to avoid appearing on path for more cuts

Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018/Reuters

Global Economy