Curated Video
Interest rate rise gives Turkish currency only brief lift as investors worry market volatility will continue
Turkey's central bank raised all of its main interest rates on Wednesday, following an emergency policy meeting to defend a crumbling lira.
The bank raised its overnight lending rate to 12 percent from 7.75 percent, its one-week repo...
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President Barack Obama's pick to head the Federal Reserve, Janet Yellen, says that the U.S. economy has regained ground lost to Great Recession but still needs the Fed's support because unemployment remains too high at 7.3 percent. (Nov. 14)
Janet Yellen is telling a Senate panel that the economy has regained ground lost to Great Recession but still needs the Federal Reserve's support because unemployment remains too high at 7.3 percent.
Yellen is testifying to the Senate...
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Comment from Alan Greenspan on the US economy.
1. Alan Greenspan walks up to microphone
2. Cutaway of crowd applauding
3. Wide shot of Greenspan speaking
4. SOUNDBITE: US Federal Reserve Chairman Alan Greenspan "Should we endeavor to continue to refine our techniques of deriving...
Curated Video
UK analysts comment as major markets settle after initial hike in early trading
1. Pan right from skyline view of London and River Thames to BGC Partners trading floor
2. Various of traders
3. SOUNDBITE: (English) Howard Wheeldon, senior strategist with BGC Partners:
"Last night we had an interesting situation,...
Curated Video
Traces of anthrax found on mail at Federal Reserve
7 May 2002 - Washington, DC
1. Exterior view of Federal Reserve
2. Pull back from flags to exterior of building
3. Close-up slide of anthrax bacteria
4. Close-up film of anthrax
5. Pan view of Washington mail handling facility
6....
Curated Video
USA: US DOLLAR HITS A RECORD LOW
English/Nat
The battered American dollar plunged to record lows on world markets Tuesday as investors dumped the currency. The U-S government took no action to halt the sell-off.
American congressmen Tuesday accused the Clinton...
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Federal Reserve chief says weak economy has tightened credit
1. Wide view of hearing
2. Mid view of Senators
3. SOUNDBITE (English) Alan Greenspan, US Federal Reserve Chairman.
"Many of the traditional quantitative and qualitative indicators suggest that bank asset quality is deteriorating and...
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Fed Boosts Interest Rate For Third Time in 2017
The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession.
The Fed is...
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Fed Boosts Interest Rate For Third Time in 2017
The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid footing 8 and a half years after the end of the Great Recession.
The...
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Trump Nominates Jerome Powell as Fed Chairman
President Donald Trump is choosing Federal Reserve board member Jerome Powell to become the next chair of the U.S. central bank.
In a Rose Garden announcement, Trump called Powell "strong," "committed" and "smart" and said...
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The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows. (March 19)
FOR CLEAN VERSION SEE STORY NUMBER: apus007349
The Federal Reserve sought Wednesday to clarify a question that investors have been trying to determine: When it might start to raise short-term interest rates from record lows.
The Fed...
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USA - Greenspan cuts interest rates
The Federal Reserve is moving to inoculate the U-S economy against a spreading global crisis. Federal policymakers have cut short-term interest rates by a quarter-percentage point. The reduction will mean lower borrowing costs for...
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USA: GREENSPAN WARNING ON PROJECTED BUDGET SURPLUSES
English/Nat
U-S Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to exercise caution in deciding how to deal with projected budget surpluses.
Testifying before the House Budget Committee, Greenspan argued that the...
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USA: FEDERAL RESERVE CHAIRMAN ALAN GREENSPAN (2)
English/Nat
In the U-S-A, President Bush's call for a tax cut is getting some backing from the Federal Reserve Chairman Alan Greenspan.
Testifying before the Senate Budget Committee on Thursday, Greenspan said rising estimates of budget...
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Investors Digest Midterm Election Results
HEADLINE: Investors Digest Midterm Election Results
CAPTION: Analyst Sam Stovall with Standard and Poor's talks to The Associated Press about how investors on Wall Street are reacting to the outcome of the midterm elections. (Nov....
Curated Video
Bernanke and Geithner testify on Europe debt crisis
1. Wide of US Treasury Secretary Timothy Geithner and US Fed Chairman Ben Bernanke being sworn in
2. Cutaway wide of committee hearing room
3. SOUNDBITE: (English) Ben Bernanke, Chairman, Federal Reserve Bank:
"We considered a very...
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USA: ALAN GREENSPAN ASIAN FINANCIAL SITUATION SPEECH
English/Nat
The U-S Federal Reserve Chairman on Thursday expressed some optimism that the Asian financial turmoil may be stabilising.
In a question-answer session with the American Society of Newspaper editors, Greenspan noted improved...
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USA: FEDERAL RESERVE CHAIRMAN GREENSPAN SPEECH
English/Nat
U-S Federal Reserve Chairman Alan Greenspan says policy-makers must keep an eye on surging energy prices.
In a speech at the 18th Annual Monetary Conference in Washington on Thursday, Greenspan said high energy prices have...
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Yellen: Fed To Modestly Reduce Bond Holdings
The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened economy and could mean higher rates on mortgages and...
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Greenspan, Snow hearing on financial crisis
1. Wide of Former Federal Reserve Chairman Alan Greenspan, Securities and Exchange Commission Chairman Chris Cox and Former Treasury Secretary John Snow testifying at the House Oversight and Government Reform Committee
2. SOUNDBITE:...
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Federal Reserve chief's latest economic assessment
1. US Chairman of the Federal Reserve Bank, Alan Greenspan talking to Senator Richard Shelby
2. Greenspan takes a seat
3. SOUNDBITE: (English) Alan Greenspan, Chairman of the US Federal Reserve Bank:
"Economic developments in the United...
Curated Video
US Fed raises key interest rate for second time this year
The Federal Reserve has raised its benchmark interest rate for the second time this year and signaled that it may step up its pace of rate increases because of solid U.S. economic growth and rising inflation.
The Fed now...
Curated Video
10 major banks pay $8.5bn to settle federal complaints of wrongful foreclosures
FILE: exact date and location unknown
1. For sale sign ++MUTE++
2. Estate agent with for sale sign ++MUTE++
Washington, DC - 7 January 2013
3. SOUNDBITE (English) Chris Rugaber, Associated Press Economics Writer:
"Today ten big banks and...
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USA: US FEDERAL RESERVE CHAIRMAN ALAN GREENSPAN ADDRESSES PANEL
English/Nat
U-S Federal Reserve Chairman Alan Greenspan sent the stock market spinning again today (Wednesday) as he told Congress that caution seems in order given the recent powerful advance in stock prices.
Stocks have fallen...