Federal Reserve – Muhasebe News https://www.muhasebenews.com Muhasebe News Fri, 14 Apr 2017 06:15:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Citigroup Rises Its Profit! https://www.muhasebenews.com/en/citigroup-rises-its-profit/ https://www.muhasebenews.com/en/citigroup-rises-its-profit/#respond Fri, 14 Apr 2017 06:15:35 +0000 https://www.muhasebenews.com/?p=13611 Citigroup has risen its quarterly profit to 17%!

The fourth biggest US bank Citigroup reported a 17% rise in quarterly profit, boosted by strong fixed-income trading as clients adjusted their positions following rate hikes by the Federal Reserve and changes in the forex and credit markets.

On the other hand, net profit rose to $4.09 billion or $1.10 per share.

Source: Euronews

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/citigroup-rises-its-profit/feed/ 0 Most Fed Policymakers See Change to Balance Sheet Policy ‘Later This Year’: Minutes https://www.muhasebenews.com/en/most-fed-policymakers-see-change-to-balance-sheet-policy-later-this-year-minutes/ https://www.muhasebenews.com/en/most-fed-policymakers-see-change-to-balance-sheet-policy-later-this-year-minutes/#respond Tue, 11 Apr 2017 10:47:28 +0000 https://www.muhasebenews.com/?p=13310 Most Federal Reserve policymakers think the central bank should take steps to begin trimming its $4.5 trillion balance sheet later this year as long as the economic data holds up. The minutes released on Wednesday of the March 14-15 policy discussion, at which the Fed voted 9-1 to raise interest rates, “Provided that the economy continued to perform about as expected, most participants anticipated that gradual increases in the federal funds rate would continue and judged that a change to the Committee’s reinvestment policy would likely be appropriate later this year,” the Fed said in the minutes. The Fed’s lifted its benchmark interest rate in March to a target range of between 0.75 and 1 percent, its second hike in three months, and signaled it remained on track to lift rates twice more this year.

Source: Reuters

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/most-fed-policymakers-see-change-to-balance-sheet-policy-later-this-year-minutes/feed/ 0