Fed discount rate
Fed, Bank of Japan, and U.S. Labor Market in the News
April 2, 2010
Markets are closed today for Good Friday in Europe, Australia, New Zealand, Indonesia, India, Singapore, the Philippines, Latin America and Canada. The U.S. stock market will not open; however, the Treasury market will open until noontime EDT because the U.S. Labor Department is releasing its March jobs report at the usual 08:30 eastern time (12:30 […] More
Dollar Strengthened in Wake of Late Wednesday’s Surprise Fed Discount Rate Hike
February 19, 2010
At 19:30 GMT yesterday after U.S. markets had closed, the Fed announced a 25-basis point increase in its discount rate to 0.75%. The FOMC minutes this week had served notice that such a move could occur soon and would not be meant as a signal of tightening monetary policy but rather another part of an […] More
