Rappler's latest stories on us federal reserve
Officials cheer signs of U.S. rebound; ponder more aid
'We have entered an important new phase and have done so sooner than expected,' says US Federal Reserve Chair Jerome Powell, but he adds the economy cannot fully recover unless COVID-19 is kept in check
U.S. Federal Reserve orders major banks to suspend share buybacks
The decision is the first such move since the global financial crisis 12 years ago, and limits how banks in the United States can spend their capital amid the coronavirus pandemic
Fed chair warns of 'significant uncertainty' around U.S. recovery
Unless consumers feel confident COVID-19 has been defeated, 'a full recovery is unlikely,' warns United States Federal Reserve Chair Jerome Powell
U.S. Fed at last launches Main Street Lending Program
The Main Street Lending Program aims to support businesses in the United States that are too big to benefit from the Paycheck Protection Program
U.S. stocks end mostly down as Fed keeps interest rates low
Both the Dow and S&P 500 finish lower following a volatile session, while the Nasdaq surges to its 3rd straight record on Wednesday, June 10
Fed warns of uncertain path for post-pandemic U.S. economy
The United States Federal Reserve confirms it will keep the benchmark interest rate at zero until economic recovery is underway
Spike in black unemployment 'heartbreaking' – Fed's Powell
While the United States posted a surprising decline in its overall unemployment rate in May 2020, for black workers it actually ticked up a notch
U.S. Fed again expands Main St loan program to reach more firms
The United States' Main Street Lending Program is available to businesses with up to 15,000 employees, or as much as $5 billion in annual revenue
Fed chair warns of widening inequality as U.S. consumption dives
United States consumer spending plunges by a record 13.6% in April 2020
U.S. outlook highly uncertain, businesses 'pessimistic' – Fed
American firms now worry that generous unemployment benefits make it difficult to retain workers or to bring them back to their posts once they are able to reopen
Some business models won't survive post-pandemic – U.S. Fed
United States Federal Reserve officials worry that 'even after social distancing requirements were eased, some business models may no longer be economically viable'
U.S. facing severe crisis, but not a depression – Fed's Powell
United States Federal Reserve Chair Jerome Powell says the US economy could 'easily' collapse by 20% to 30% in the 2nd quarter of 2020, but 'it should be a much shorter downturn' than in the 1930s
Virus emergency spending costly but worth it – U.S. Fed's Powell
'Additional fiscal support could be costly, but worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,' says United States Federal Reserve Chairman Jerome Powell
U.S. Fed expanding Main Street loan program to aid more firms
The United States Federal Reserve seeks to help companies too big for the Paycheck Protection Program but too small to have routine access to capital markets to generate financing
U.S. Fed warns of worsening economy as virus savages retail, factories
The coronavirus pandemic causes contractions in United States retail sales and manufacturing not seen in decades
U.S. Fed launches $2.3-trillion financing to support economy
The United States Federal Reserve announces more programs to help businesses, households, and state governments facing a cash crunch
U.S. Fed launches program to support small business loans
United States President Donald Trump says tens of thousands of small businesses have applied for more than $40 billion in relief
Fed ramps up help to U.S. economy on life support
United States Treasury Secretary Steven Mnuchin says the Federal Reserve's measures would provide $4 trillion in needed liquidity into the US economy
U.S. Fed slashes key interest rate, rolls out massive response to pandemic
The United States Federal Reserve makes its second emergency rate cut in less than two weeks and announces other drastic measures to counter the economic impact of the coronavirus
Raging coronavirus makes zero rates a possibility as U.S. Fed meets
Analysts say the question is not whether the United States Federal Reserve will cut rates again – but how low they will go
Trump says Fed not 'aggressive' enough against coronavirus
United States President Donald Trump says central bank chief Jerome Powell had 'made a lot of bad decisions'
U.S. Fed ramps up cash injections to keep market gears grinding
Economists warn the United States central bank's actions will not be sufficient without government firepower in the form of aggressive spending
U.S. central bank quarantines cash from Asia
Currency coming from Asia into the United States will be held for at least '7 to 10 days before the deposits are processed'
U.S. Fed makes emergency rate cut to combat virus risk
The large, highly unusual cut ahead of the next policy meeting reflects concerns that the novel coronavirus will hurt the US and global economies
Fed vs coronavirus: What can the U.S. central bank do?
The United States Federal Reserve says it's prepared to cushion the economic impact of the novel coronavirus. Will it actually be able to help?
Can the Fed protect U.S. economy against virus impact?
US Federal Reserve Chairman Jerome Powell says 'the fundamentals of the US economy remain strong,' but acknowledges that the novel coronavirus 'poses evolving risks to economic activity'
Benefits of China trade truce 'limited' – U.S. Fed officials
United States Federal Reserve officials note the 'phase one' trade deal with China 'would still leave a large portion of the tariffs in place'
U.S. Fed watching global economy for signs of infection from virus
The United States Federal Reserve says 'there will clearly be implications' for Chinese output, but it is still 'very uncertain' how far it will spread
Former U.S. Fed chairman Paul Volcker dies at 92 – media
In a career spanning the immediate post-War decades to the 2008 financial crisis, former US Federal Reserve chairman Paul Volcker advised US leaders from Richard Nixon to Barack Obama
U.S. Fed lowers key interest rate as 'insurance' against economic risks
'We took this step to help keep the US economy strong in the face of global developments,' says United States Federal Reserve Chairman Jerome Powell
U.S. Fed cuts key interest rate a quarter point, citing 'uncertainties'
The United States Federal Reserve lowers the benchmark interest rate by 25 basis points to a target range of 1.75% to 2%, but its policy committee is divided
U.S. sees 'modest' growth, businesses show 'near-term' optimism – Fed
The United States Federal Reserve cites trade concerns, but says majority of businesses remain optimistic about the near-term outlook
Trump heads to G7 with potshot at French hosts over taxes
'I don't want France going out and taxing our companies.... And if they do that, we'll be taxing their wine,' says US President Donald Trump ahead of the G7 summit in France
U.S. Fed cuts key interest rate to 'insure' against global uncertainties
US President Donald Trump wastes no time in attacking on Twitter, saying the US Federal Reserve's move falls far short of the 'aggressive rate-cutting cycle' he wants
U.S. Fed to join ranks of other central banks in stimulating economy
United States President Donald Trump will certainly cheer a rate cut, but economists are torn
After a year of Trump pressure, U.S. Fed struggles to communicate
The United States Federal Reserve suffers a number of awkward stumbles in communications, while facing repeated attacks from US President Donald Trump
Trump attacks US Fed, demands rate cut
In another Twitter outburst, Trump calls on the US Federal Reserve to 'Correct!' its overreach
U.S. Fed opens door to rate cut amid growing 'uncertainties'
The US Federal Reserve says trade friction and slowing growth worldwide have led many central bankers to feel the case for an interest rate cut has 'strengthened'
U.S. Federal Reserve leaves key rate unchanged amid mixed economic signals
The United States Federal Reserve votes unanimously to keep the benchmark interest rate in a range of 2.25% to 2.5%
U.S. Fed now expects no rate hikes in 2019
The United States Federal Reserve's surprising change of direction follows the 4 rate increases in 2018
Fed to hold fire on interest rates as world economy slows
Economists also expect the United States Federal Reserve to once again lower the number of rate hikes projected in 2019
U.S. Federal Reserve assists Bangladesh over cyberheist case vs RCBC
'This agreement demonstrates that the New York Fed and Bangladesh Bank are aligned in the pursuit of recovering the funds and directing litigation against those who were complicit in or benefitted from the fraud,' says the US Federal Reserve Bank and Bangladesh's central bank
U.S. Fed raises benchmark interest rate
US President Donald Trump says he is 'not happy' about the move of the central bank
U.S. Fed to hold fire amid rising market sensitivity
Investors will be looking for signs of how concerned US officials appear to be about rising wages and inflation
PH economy reverts to hot money outflows of $545 million in February
The Bangko Sentral ng Pilipinas attributes the net outflows to investor concerns over the possibility of a US Federal Reserve rate hike
New leader to take the helm at U.S. Federal Reserve
Jerome Powell takes over at a remarkably quiet time following a decade of economic turmoil that forced the central bank into uncharted policy waters to try to recover from the global financial crisis
Fed's Yellen says no risks to stability 'flashing red' as markets boom
Janet Yellen also did not express much concern about digital currency bitcoin which has seen a meteoric rise in recent weeks
Janet Yellen to depart U.S. Federal Reserve in February
In her resignation letter to Donald Trump, Yellen said she is pleased by the US economy's continuing recovery from the Great Recession of 2008-2009
Trump taps Jerome Powell to lead U.S. Federal Reserve
President Donald Trump has decided not to reappoint current Fed Chair Janet Yellen, the first woman to oversee monetary policy, despite praising her excellent management of the US economy over the past 4 years
Trump set to undo another Obama legacy with Fed pick
(UPDATED) Jerome Powell, a Federal Reserve Governor, is Donald Trump's pick to replace Janet Yellen at the helm of the US central bank
