US Fed makes first rate cut of 2025
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face heightened pressure under president Donald Trump.
Tags : reserve
Women leaders for direct election in reserved seats
Women leaders on Sunday at a press conference in Dhaka called on the political parties to raise their voices for doubling the reserved seats for women in the national parliament to 100, and also for holding direct elections in these seats...
Forex reserve above $30b after ACU payment
Gross foreign exchange reserve has dropped to $30.3 billion after the central bank cleared a payment of $1.5 billion to the Asian Clearing Union to settle import bills for July and August...
Firms 鈥榟esitant鈥� to hire in uncertain economy: survey
Businesses in several regions of the United States were reluctant to hire workers in August because of uncertainty over the economic outlook, a Federal Reserve report said Wednesday...
Call to raise women鈥檚 seats, hold direct polls
Politicians and rights activists on Wednesday called for an increase in the number of reserved seats for women in the parliament to 150 from 50 and direct elections...
US Fed鈥檚 preferred inflation gauge steady
The US Federal Reserve鈥檚 preferred inflation gauge held steady in July but a measure of underlying price increases ticked up, government data showed Friday, as president Donald Trump鈥檚 tariffs ripple through the economy.
Lisa Cook sues Trump over move to fire her
US Federal Reserve governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump鈥檚 move to fire her from her position 鈥� as the president widened his pressure on the central bank.
Fed governor Cook says Trump has no authority to fire her
Federal Reserve governor Lisa Cook rejected US president Donald Trump鈥檚 unprecedented bid to oust her on Tuesday, saying he had no legal authority for such an intervention against a member of the independent US central bank.
US Fed chair opens door to rate cut
US Federal Reserve chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, balancing risks to the economy as president Donald Trump intensifies pressure on the central bank...
Trump raises pressure on Fed with call for governor to resign
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve governor Lisa Cook to step down, as he repeatedly criticises Fed chair Jerome Powell for not lowering interest rates...
Interviews for new Fed chair to start Sept 1: US Treasury
US Treasury secretary Scott Bessent said Tuesday that interviews for Federal Reserve chair Jerome Powell鈥檚 replacement are set to take place around September 1 鈥� with 11 candidates being considered for the position...
More reserved seats for women in parliament demanded
Women rights activists on Saturday iterated their call on the interim government to increase the reserved seats for women in the national parliament...
Trump mulling four Fed chair candidates
US president Donald Trump said Tuesday that he has narrowed his potential choices for heading the Federal Reserve to four candidates, but that treasury secretary Scott Bessent is no longer in the running...
Forex reserve crosses $30b again
The country鈥檚 gross foreign exchange reserve has once again crossed $30 billion amid increased remittance and export earnings...
Global stocks higher on US Fed rate cuts bets
Global stock markets rose Tuesday as investors grew increasingly confident that the US Federal Reserve will cut interest rates next month...
Rights activists reject NCC decision
Women rights activists and professionals have rejected the National Consensus Commission鈥檚 decision of not increasing the reserved seats for women in parliament from the current provision of 50...
US Fed governor to resign early at critical time for central bank
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates...
Trump renews attacks on Fed chair after rates held again
President Donald Trump lashed out Thursday at Jerome Powell after the US central bank continued to hold rates steady again, calling him 鈥榯oo stupid鈥� to be Federal Reserve chairman...
Trump, Fed chair bicker during central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
No reason for Fed chair to step down now: US Treasury chief
US Treasury secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve chair Jerome Powell to resign immediately, a day after calling for a review of the Fed...
Women rights activists demand direct elections to reserved seats in parliament
Women鈥檚 rights activists on Saturday demanded direct elections to the reserved seats for women in the Jatiya Sangsad, urging political parties to ensure meaningful representation and end the system of nomination that often sidelines women鈥檚 leadership...
Forex reserves fall to $29b after ACU payment
Bangladesh Bank has paid over US$2.19 billion to the Asian Clearing Union (ACU) to settle import bills for the months of May and June, resulting in a drop in the country鈥檚 foreign exchange reserves to $29.53 billion...
Forex reserve soars to record $26.32b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $26.32 billion on Sunday amid disbursements from a number of foreign lenders including the International Monetary Fund, Asian Development Bank and World Bank...
Dollar slides as Trump eyes new Fed boss
US dollar slid, while its stock markets rose Thursday as president Donald Trump lined up candidates to succeed Federal Reserve boss Jerome Powell, fuelling bets of cuts to US interest rates...
Bangladesh鈥檚 Forex reserve soars to $22.65b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $22.65 billion on Wednesday amid fresh disbursements from the International Monetary Fund, World Bank and strong remittance inflows...
Govt wants to protect Arial Bil for biodiversity: adviser
Interim government environment, forest and climate change adviser Syeda Rizwana Hasan on Thursday said that the government wanted to protect Arial Bil as a reserved wetland for its rich biodiversity...
US factory output ticks down in May
Industrial production in the United States edged down unexpectedly in May, the Federal Reserve said Tuesday, as a drop in utilities output outweighed slight upticks in manufacturing and mining...
Probe report on BB reserve heist case deferred till July 2
A Dhaka court on Sunday set July 2 to submit a probe report in the case lodged over Bangladesh Bank reserve heist that took place in 2016...
Bangladesh Bank clears $1.88b ACU payments
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20.29 billion, following a $1.88-billion payment to the Asian Clearing Union for import bills covering March and April...
Forex reserve crosses $22b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $22 billion again on Wednesday, driven by strong remittance inflows and export earnings...