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US Fed raises interest rates by 75 basis points, hints another "large" hik
Updated : 3 years, 7 months ago IST
Washington [US], July 28 (ANI): In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be "appropriate".
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US economy 'maybe' headed towards recession, says Trump amid COVID-19 cris
Updated : 6 years ago IST
Washington DC [US], Mar 17 (ANI): US President Donald Trump on Monday (local time) said that the country's economy "maybe" heading towards recession, even as the worldwide cases of the deadly coronavirus, which originated in China last year, continued to surge.
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