Federal Reserve

The Federal Reserve has signalled its intent to shift its focus to fight the increasing dangers of inflation and the low US dollar.

Any hopes of further US interest rate cuts have been dampened after the Federal Reserve admitted to heightened concerns surrounding rising inflation.

Federal Reserve chairman Ben Bernanke has admitted the US economy could contract in the first half of this year.

The Federal Reserve has slashed US interest rates by 75 basis points to 2.25% as the economy struggles to sidestep a recession.

Former Federal Reserve chairman Alan Greenspan has warned a US economic recovery could take longer than expected.

Federal Reserve chairman Ben Bernanke has hinted US interest rates may be lowered further to support the economy which has "worsened in recent months".

The Bank of England will follow its US equivalent's lead and cut interest rates this month, the Association of Mortgage Intermediaries (AMI's) quarterly report predicts.

The Federal Reserve has cut interest rates by 50 basis points to 3% in a bid to reduce the risk of a US recession.

The US Federal Reserve has today cut interest rates by three quarters of a point to 3.5%.

The Federal Reserve could aggressively adjust monetary policy if US economic growth or inflation worsens.