US Federal Reserve

Bank of England rate hike avoids more aggressive step

Surging inflation is a worry for central banks because it eats away at consumers' purchasing power.

published on : 22nd September 2022

Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar

At the interbank foreign exchange market, the local currency opened at 80.27, then fell further to an all-time intra-day low of 80.95 against the American currency.

published on : 22nd September 2022

Federal Reserve meet to guide market this week

The global equity market, including India, will be eagerly watching the US Federal Reserve meet that will take place on September 20-21 for future directions.

published on : 19th September 2022

European Central Bank makes largest-ever interest rate hike

After reaching a record 9.1% in August, inflation may rise into double digits in coming months, economists say.

published on : 8th September 2022

US Federal Reserve chairman's speech may trigger fall in Indian equity market

The ripple effects of this could be seen on Monday in Indian markets, which had a topsy turvy five sessions this week.

published on : 28th August 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

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

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

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

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

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: 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

What an increase in Fed rates would mean for India

As money flows out of India, it would affect the exchange rate, weakening the rupee and putting considerable pressure on the already high import prices of crude and raw materials.

published on : 21st March 2022

Rupee surges 21 paise against dollar after no rate hike by US Federal Reserve

Increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market lifted the domestic currency, dealers said.

published on : 27th July 2017