AJ Impact

Gold surges to $2,000 record on dollar weakness, US-China woes

Investors bet the US Federal Reserve will continue with measures to stimulate the economy, likely weakening the dollar.

Gold surges to $2,000 record on dollar weakness, US-China woes

AJ Impact

Stress test: Fed caps dividends and stock buy-backs by big banks

Fed test shows 34 firms could suffer as much as $700bn in aggregate loan losses under the most severe recovery scenario.

Stress test: Fed caps dividends and stock buy-backs by big banks

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Will this Fed program save the backbone of US economy?

US Central Bank will offer $600bn in loans to US businesses with up to 15,000 employees or revenues up to $5bn.

Fed launches Main St Lending Program for pandemic-hit businesses

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Fed releases epic list of risks that may dog US economic rebound

The Fed sees the economic shocks since March creating 'persistent fragilities' for US household and business finances.

Fed releases epic list of risks that may dog US economic rebound

AJ Impact

Editor’s Analysis

Trump and Powell have very different outlooks on the US economy

Two most powerful officials in the world's most powerful economy are at odds over how soon growth and jobs will rebound.

Trump and Powell have very different outlooks on the US economy

AJ Impact

Fed chairman acknowledges role race plays in economics

The US central banks predicts US GDP will decline, promises to keep rates near zero

Fed chairman acknowledges role race plays in economics

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US central bank says it will keep shoring up virus-stung economy

The US Fed is 'days away from making our first loans' under the Main Street lending facility: Fed Chair Jerome Powell.

US central bank says it will keep shoring up virus-stung economy

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This is the key indicator the US Fed's chief is watching

Economic recovery can begin 'soon' if 'we are thoughtful and careful', says Federal Reserve chairman Jerome Powell.

This is the key indicator the US Fed's chief is watching

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Low-income workers are bearing brunt of coronavirus job losses

Nearly 40 percent of US adults working in February with a household income below $40,000 reported a job loss in March.

Low-income workers are bearing brunt of coronavirus job losses

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Grim outlook from US Fed chief spreads gloom to oil markets

Oil prices fall around two percent despite signs the crude supply glut may be easing.

Grim outlook from US Fed chief spreads gloom to oil markets

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Fed chief warns the US economy could be weak for a long time

Fed's Powell said more government spending may be necessary to avoid long-term economic damage from coronavirus.

Fed chief warns the US economy could be weak for a long time

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Investors are dumping stocks for bonds as US Fed buying begins

Bloomberg data shows exchange-traded funds investing in credit saw $2.4bn of inflows in the past week.

Investors are dumping stocks for bonds as US Fed buying begins

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US Fed leaves interest rates near zero

Fed Chair says US economic activity will likely drop at an unprecedented rate in the second quarter.

US Fed leaves interest rates near zero

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US stocks fall, weighed down by the tech sector

US markets end a four-day winning streak.

US stocks fall, weighed down by the tech sector

AJ Impact

Fed's Bullard: 'no reason' economy can't bounce back sharply

'I know it's become popular to say that is not going to happen. I think it can happen,' says St Louis Fed chief.

Fed's Bullard: 'no reason' economy can't bounce back sharply