Federal Open Market Committee

Rupee hits over 1-month low, plunges 30 paise against dollar

The dollar index, which tracks the US currency against a basket of six major rivals, was up at 95.79.

Jul 03, 2017, 19:11 PM IST

Rupee to be under stress amid US rate hike , political risks

Heightened chances of a US rate hike, along with a slower pace of reforms and soon to be released domestic macro-economic inflation data, are expected to keep the Indian rupee under pressure during the upcoming week.

Dec 10, 2016, 22:14 PM IST

September's Fed rate decision not to increase US interest rates a 'close call'

Last month`s Federal Reserve decision not to increase US interest rates was a "close call" for several senior policymakers, according to meeting minutes released Wednesday.

Oct 13, 2016, 01:14 AM IST

Fed leaves rates unchanged but says US economy improving

The Federal Reserve on Wednesday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.

Jul 28, 2016, 02:00 AM IST

Obama, Fed chief discuss growth, Wall Street reform

President Barack Obama and Federal Reserve chair Janet Yellen discussed the outlook for economic growth and progress from Wall Street reform during a meeting Monday, the White House said.

Apr 12, 2016, 09:25 AM IST

US Fed expected to end 7-year crisis stance with an interest rate hike amid nagging worries

Most bets are that the Fed will increase the benchmark federal funds rate for the first time in nearly a decade, signaling confidence in US economic growth even as the rest of the world sags.

Dec 13, 2015, 07:14 AM IST

Federal Reserve holds key US rate unchanged

The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.

Jul 30, 2015, 00:12 AM IST