Powell and the Fed are in the hot seat because inflation, which had been an economic afterthought for decades, has shot to the top of threats to the economy and concerns of American households
The central bank, according to economists and reports, could go for an additional interest rate hike of up to 125 bps this fiscal, taking the overall increase...
A worse-than-expected inflation report for May — consumer prices rocketed up 8.6 per cent from a year earlier, the biggest jump since 1981 — helped spur...
While the UK's central bank began raising interest rates earlier than its counterparts, the Bank of England is now trailing the US Federal Reserve in the...
On Wednesday, the Fed stepped up its drive to tame inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three...
Chair Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in cooling demand for homes, cars and other goods and services and slow...
The Fed’s benchmark short-term rate, which affects many consumer and business loans, will now be pegged to a range of 1.5% to 1.75% — and Fed policymakers...
As of 2:29 pm, the Sensex was down 1,697 points at 52,607 and the Nifty 50 index dropped 3 per cent or 497 points to 15,704.
All the officials believed that the Fed should “expeditiously” raise its key rate to a level at which it neither stimulates nor restrains growth, which...
On Wednesday, the Indian equity benchmarks continued their losing streak for the third day. While the BSE Sensex slipped 303 points or 0.56 per cent lower to...
On a month-to-month basis, prices rose 0.3 per cent from March to April, the smallest increase in eight months.
Markets would also track the investment pattern of foreign institutional investors, movement in Brent crude, and the rupee.
Foreign portfolio investors (FPIs) remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities.
Last week, the Sensex lost 1,141.78 points or 1.95 per cent, while the Nifty shed 303.70 points or 1.73 per cent.
Foreign portfolio investors (FPIs) remained net sellers for six months to March 2022, withdrawing a massive net amount of Rs 1.48 lakh crore from equities.
The S&P 500 sank 2.8 per cent and marked its third losing week in a row. The Dow Jones Industrial Average slumped 2.8 per cent, its biggest drop in 18 months,...
