The Latest Breaking News from the US Federal Reserve

After Fed, European central banks hike rates

LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

Bangkok Post · Mar 23, 2023

Bitcoin price set to surge if Federal Reserve keeps rates steady

While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

Bangkok Post · Mar 22, 2023

Watch: Jerome Powell holds news conference after Federal Reserve raises interest rates

Watch as Jerome Powell holds a news conference after the US Federal Reserve announced that it was to hike interest rates on Wednesday, 22 March.

The Independent UK · Mar 22, 2023

Ken Griffin says SVB failure would have been 'lesson in moral hazard'

The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."

Fortune · Mar 14, 2023

Could interest rates in Australia fall after the collapse of two US banks?

If the Reserve Bank of Australia (RBA) wanted an excuse to end interest rate hikes, the collapse of two US banks just gave it one.

ABC News · Mar 14, 2023

Developers focus on more US rate hikes

Developers are more worried about the impact on the housing market of future interest rate hikes by the US Federal Reserve than they are about the sudden collapse of Silicon Valley Bank (SVB).

Bangkok Post · Mar 13, 2023

Central banks could ‘ease up on rate hikes’ after Silicon Valley Bank collapse

The events will add to pressure on UK and US central banks to ease up on raising interest rates, some experts have suggested

The Independent UK · Mar 13, 2023