US Federal Reserve
- World
More rate hikes still on table: US Federal Reserve Chair
Washington: Additional interest rate hikes are still on the table and rates could remain elevated for longer than expected, Federal Reserve Chair Jerome Powell said Friday, the media reported. In a highly…
- World
US Fed pauses interest rate hikes after 10 consecutive increases
Washington: The US Federal Reserve has left the interest rate unchanged for the first time after March 2022, ending a stream of 10 consecutive hikes to curb inflation. “In determining the extent…
- World
US Fed, undaunted by recent banking problems, raises interest rate
Washington: The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous hikes aimed at curbing inflation but came amidst uncertainty about the banking…
- Hyderabad
Gold rates in Hyderabad, other cities set to go up: Experts
Hyderabad: Gold rates in Hyderabad and other cities will go up further if the US Federal Reserve hikes the interest rates by 25 basis points (bps) or lower along with “non-visible” or…
- World
US Fed approves quarter-point interest rate hike
Washington: The United States Federal Reserve approved a quarter-point interest rate hike on Wednesday (local time), indicating progress in Central Bank’s fierce battle with inflation, CNN reported. This decision comes after months…
- World
US Fed hikes interest rates by half percentage point
Washington: The US Federal Reserve on Wednesday raised interest rates by half a percentage point, which was less than the three-fourths on previous four occasions, in a sign that it feels these…
- Business
Smaller rate hikes likely coming in December: US Fed chairman
Washington: Jerome Powell, Chairman of the US Federal Reserve, said the central bank could pull back on the pace of its aggressive rate hikes as soon as December. “The time for moderating…
- World
US Fed raises interest rates by 75 basis points
Washington: In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating…
- World
US Fed makes biggest rate hike since 1994
Washington: The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994. It’s the largest…
- Business
Asian markets fall sharply on likely US Fed action to rein inflation
Hong Kong: Asian stock markets have fallen sharply as soaring prices in America triggered fears the US Federal Reserve will take tougher action to rein in inflation. At the same time, the…
- World
US inflation jumped 7.5% in the past year, a 40-year high
Washington: Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates…
- Business
South Korean economy faces heightened external economic risks
Seoul: The South Korean economy is on a recovery track, but external economic uncertainty remains high amid soaring energy costs and monetary policy shifts by the US Federal Reserve, a state-run think…
