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US Fed wants more confidence that inflation moving towards target: Minutes
Updated : 2 years, 1 month ago IST
US Federal Reserve officials expect it would not be appropriate to reduce the key interest rate until they gain "greater confidence" that inflation is moving sustainably toward a comfortable 2 per cent, minutes of its latest monetary policy meeting showed.
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Moderation in US consumer inflation continues
Updated : 3 years, 2 months ago IST
Consumer inflation in the US moderated in February to 6.0 per cent from 6.4 per cent the previous month, but still the numbers are way above the 2 per cent target.
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