US Fed Raises Interest Rates For The 11th Time In 16 Months
The new hike, which was announced after a two-day meeting of the Fed’s top decision-making body, take the rate to the highest level in 22 years — to between 5.25 and 5.50 per cent.
Jul 27, 2023, 09:47 AM IST
US Inflation slows down further in November - Details Inside
The report, which also showed underlying inflation posting its smallest monthly gain in more than a year, was published as officials at the U.S. central bank were gathering for their final two-day policy meeting of the year.
Dec 13, 2022, 20:59 PM IST
US Fed holds rates steady, signals cuts possible later this year
While new economic projections showed policymakers` views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.
Jun 20, 2019, 11:28 AM IST
Fed keeps rates steady, to start portfolio drawdown in October
That is one-quarter of a point above the current level. Financial markets were barely moved by the Fed decision and the new economic projections and based on the immediate market reaction it looked as if the Fed was right when it said that the portfolio runoff would be as exciting as "watching paint dry".
Sep 20, 2017, 23:49 PM IST
November WPI declines to 3.15% as food prices soften
The annual rate of inflation, based on monthly WPI, stood at 3.15 percent (provisional) for the month of November, 2016 (over November, 2015) as compared to 3.39 percent (provisional) for the previous month and -2.04 percent during the corresponding month of the previous year.
Dec 14, 2016, 12:07 PM IST
Fed rate hike backed by strong US jobs report
The US economy pumped out 211,000 new jobs last month.
Dec 04, 2015, 20:56 PM IST
Status quo by US Fed good for India: Shaktikanata Das
With the US Federal Reserve maintaining status quo over rates, Economic Affairs Secretary Shaktikanata Das on Friday said the decision is good for emerging markets like India and provide space for policy adjustment.
Sep 18, 2015, 11:33 AM IST
Gold slips as dollar rises on Greece, Fed rate signals
Greece won conditional agreement to receive a possible $95 billion over three years.
Jul 14, 2015, 09:13 AM IST
Fed officials see June rate hike as unlikely: Minutes
Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.
May 21, 2015, 09:57 AM IST
Gold holds near $1,185/oz ahead of US payrolls data
Spot gold was up 0.2% at $1,186.46 an ounce at 0952 GMT, while U.S. gold futures for June delivery were up $3.70 an ounce at $1,185.90.
May 08, 2015, 18:34 PM IST
Fed split on timing of interest-rate hike: Minutes
The Federal Reserve was split at its last policy meeting on when to raise ultra-low US interest rates, with timing ranging from June to 2016, according to minutes released Wednesday.
Apr 09, 2015, 09:13 AM IST
Fed officials say June rate hike still in play, hinges on data
The Federal Reserve could still hike interest rates in June despite weak recent US data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy`s performance in the next two months.
Apr 09, 2015, 09:09 AM IST
