Federal Reserve

Fed unleashes another big rate hike in bid to curb inflation

The central bank’s decision follows a jump in inflation to 9.1%, the fastest annual rate in 41 years, and reflects its strenuous efforts to slow price gains across the economy.

published on : 28th July 2022

Fed attacks US inflation with another 75 basis points rate hike

It was the second straight increase & 4th rate hike this year, as policy makers move aggressively to cool strongest surge in inflation in more than 4 decades, without derailing world's largest economy

published on : 28th July 2022

US Fed poised to cool inflation with another interest rate hike

Fed Chair Jerome Powell has made it clear they will keep raising interest rates until they see clear evidence inflation is moving back towards the two percent goal.

published on : 27th July 2022

Rupee falls below 80 mark against dollar for first time

Rupee fell below 80 a dollar mark for the first time in the spot market as it touched 80.05 in the early trade on Tuesday.

published on : 20th July 2022

High US inflation may force RBI to raise rates

US retail inflation topping 9.1% in June could have repercussions for India as the Reserve Bank of India may be forced to increase interest rates to keep pace with the US.

published on : 14th July 2022

Surging gas prices likely to drive US inflation to 40-year high

Inflation at that level would make it highly likely the Federal Reserve will implement another large interest rate increase at its next meeting in two weeks

published on : 13th July 2022

Fed's outsized rate hike may be a recipe for recession

This is exactly what the Reserve Bank of India wanted to avoid and acted just in time raising rates last month but the larger issue is how long the tightening cycle will last.

published on : 17th June 2022

World markets dip as monetary policy tightens in US, Europe, Asia

Economists warned the gains in rate might be short-lived given the extent that high inflation has seeped into the world economy.

published on : 16th June 2022

Markets stumble for fifth day as Fed hike triggers recession fears; Sensex, Nifty close at over 1-year lows

Investors lost Rs 5.54 lakh crore in Thursday's session, with the market capitalisation of all BSE-listed firms standing at Rs 2,39,20,631.65 crore.

published on : 16th June 2022

Markets bounce back after 4-day decline; Sensex jumps over 600 points in early trade

Overnight gains in the US markets are expected to charge up local bulls, after the policy rate hike of 75 basis points by the US Federal Reserve came in as anticipated.

published on : 16th June 2022

Wall Street rallies in relief after Fed's assurance on rates

The S&P 500 climbed 54.51, or 1.5%, to 3,789.99 after whipping through roller-coaster trading immediately following the Fed's latest move to fight inflation.

published on : 16th June 2022

US Federal Reserve attacks inflation with its largest rate hike since 1994

Fed officials forecast unemployment ticking up this year and next, reaching 4.1% in 2024 — a level that some economists said would risk a recession.

published on : 16th June 2022

Asian benchmarks decline after bear market hits Wall Street

Benchmarks fell in Japan, Australia, South Korea and China. The Japanese yen’s continuing slide against the dollar paused.

published on : 14th June 2022

Yen slides to 24-year low against dollar

Japan's currency has been weakening for months, accelerated by the US Federal Reserve's aggressive monetary tightening to tackle soaring inflation caused by the war in Ukraine and other factors.

published on : 13th June 2022

What does ‘Economic hurricane’ mean to your money

Jamie Dimon, chairman of JP Morgan, one of the biggest banks in the world, has asked investors to prepare for an economic hurricane.

published on : 13th June 2022

FPIs pull out Rs 14,000 crores from Indian equities in June on global, domestic concerns 

With this, net outflow by foreign portfolio investors (FPIs) from equities reached Rs 1.81 lakh crore so far in 2022, data with depositories showed.

published on : 12th June 2022

IBM Chairman Arvind Krishna elected to Board of Directors of Federal Reserve Bank of New York

The New York Fed said in a statement that Krishna will fill the vacancy in the office for the remaining portion of a three-year term ending December 31, 2023

published on : 4th May 2022

From recession to inflation, how the US Fed has dealt with crises

The Fed began reducing the holdings on its balance sheet, which had ballooned from less than $900 billion before the crisis to $4.5 trillion.

published on : 1st May 2022

US premarket, global shares fall on rate hike fear, Russia 

Shares in London and Frankfurt were sharply lower in midday trading. Tokyo and Hong Kong fell, while Shanghai was little changed.

published on : 6th April 2022

US: Key inflation gauge sets 40-year high as gas, food soar

Rebates or cash payments are being proposed in California, New Mexico, Pennsylvania and elsewhere as states are flush with cash and Americans are facing the highest inflation in four decades.

published on : 31st March 2022
1 2 >