WASHINGTON: The Federal Reserve on Wednesday mentioned it’s likely to hike curiosity rates in March and reaffirmed plans to finish its bond purchases that month in what U.S. central financial institution chief Jerome Powell (pic) pledged will likely be a sustained battle to tame inflation.
BEIJING (Reuters) -Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the U.S. Federal Reserve will tighten monetary policy in the world's biggest oil user.
SINGAPORE : The dollar rose to multi-week highs against other major currencies on Thursday, after Federal Reserve chair Jerome Powell surprised investors by leaving the door open to larger and faster than expected interest rate hikes.
BEIJING (Reuters) -China's fiscal revenues rose 10.7% in 2021 from a year earlier, bolstered by last year's economic recovery, Vice Finance Minister Xu Hongcai said on Tuesday, as the government makes 2022 budget plans.
The International Monetary Fund (IMF) on Tuesday cut its forecast for China’s economic growth in 2022 to 4.8 per cent, reflecting disruptions caused by the pandemic and pressure on the country’s property sector.
HONG KONG (Jan 25): Asian shares and US futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes.