The Fed raised its key overnight rate by a quarter of a percentage point, the same size as its last increase, in its campaign to drive down inflation
The Fed is focused on reducing rapid inflation in the United States, but recent events have complicated that job
The Federal Reserve officials are expecting further increase in borrowing costs as the authorities want to bring inflation down to their 2 per cent target
With inflation still high, people are leaning on their credit cards more for everyday purchases
In January 2023, the country’s inflation jumped up to 6.52 per cent, above the RBI’s tolerance level of 6 percent
The Bureau of Labour Statistics said that increasing housing prices accounted for about half of the monthly rise
Fed rate hike: With this increase, the US Federal Reserve has increased its funds target rate to a range of 4.75-5 per cent, a level that was seen prior to the 2008 global financial crisis
The IMF, a 190-country lending organisation, foresees inflation easing this year, a result of aggressive interest rate hikes by the Federal Reserve and other major central banks
Shares of Adani group firms closed on a mixed note with flagship Adani Enterprises climbing 4.21 per cent
In his written remarks, Powell stuck to the topic of central bank independence, the subject of the panel, and did not comment on the Fed's interest rate...
The Indian equity benchmarks mirrored gains in global markets after US payrolls data hinted at less aggressive rate hikes by the US Federal Reserve
Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into...
The Dow Jones Industrial Average fell 210 points, or 0.6 per cent, to 33,007. It is on track for a 9.4 per cent loss this year
But, the unwavering faith of domestic investors kept Dalal Street relatively unscathed and the Indian benchmarks shrugged off the gloomy cues with aplomb
Wall Street fell Friday after the Fed raised its forecast of how long interest rates have to stay elevated to cool inflation that is near a four-decade high
The S&P 500 stock index lost roughly 100 points — 2.5 per cent — in its worst day since early November. The losses came a day after the Fed raised its...
Most economists expect the Bank of England to raise its key interest rate by half a percentage point, taking it to 3.5 per cent
Analysts foresee a still-sizable rate hike of a half-percentage point at Thursday's meeting in Frankfurt, Germany, following record increases of three-quarters...
Fed Rate Hike: The US Federal Reserve’s Chair Jerome Powell is expected to hold a news conference at 2:30 pm EST to give more details on the policy meeting.
Industrial Production data and retail inflation rate are scheduled to be announced on Monday. Besides, wholesale inflation data will be released on Wednesday
Foreign portfolio investors (FPIs) turned sellers in the last four trading sessions and pulled out Rs 3,300 crore as they are adopting a cautious stance ahead...
Even before this, on some occasions, Twitter’s new boss Elon Musk has commented on recession and Fed’s policies with regards to the interest rates.
The increase brings the key rate to 2.5 per cent in the European Union country, which does not use the euro currency so it is not part of the European Central...
In the three-day rally, Nifty rose by over 2 per cent or 324 points while Sensex advanced 1,167 points or close to 2 per cent
At that meeting, the Fed officials also expressed uncertainty about how long it might take for their rate hikes to slow the economy enough to tame inflation.
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