The dollar steadied against other major currencies Monday on the eve of a Federal Reserve policy meeting expected to leave ultra-low interest rates unchanged. Against the Japanese currency, the US unit fetched 81.82 yen, a tick lower than 81.87 yen Friday. "The dollar was … [Read more...] about Dollar steadies ahead of Fed rate-setting meeting
Federal open market committee meeting
Fierce debate expected at Fed policy meeting
WASHINGTON, Mar. 13 (AFP) - The US Federal Reserve's policy makers are expected to maintain benchmark interest rates at virtually zero percent at their meeting this week amid intense debate on how soon the central bank should tighten monetary policy. More than a year after the … [Read more...] about Fierce debate expected at Fed policy meeting
Asian markets rise on Greece confidence
Asian markets rose on Tuesday with traders expecting the final go-ahead for Greece's second bailout soon, although they were unfazed by fresh easing measures from Japan's central bank.Sydney rose 1.21 percent, or 50.9 points, to 4,347.6, Tokyo was flat, adding 9.22 points … [Read more...] about Asian markets rise on Greece confidence
Markets hope for Fed boost to US economy
The Federal Reserve is widely expected to offer up some new stimulus for the sagging US economy when it closes a key policy meeting Wednesday, but many question whether it will do much. An impassioned President Barack Obama set … [Read more...] about Markets hope for Fed boost to US economy
Markets to hold ahead of Fed announcement
Investors watch market developments at the FPT Sercurities trading floor in Ha Noi. — VNS Photo Truong Vi HA NOI (VNS) — The market is expected to move sideways early this week as it awaits a mid-week "market watch" decision by the US Federal Reserve (Fed) regarding … [Read more...] about Markets to hold ahead of Fed announcement