Search For "federal reserve"
US Treasury Secretary Yellen told bank CEOs more mergers may be necessary,
Updated : 2 years, 9 months ago IST
The comments from Yellen provided further evidence that Biden officials are starting to warm up to the idea of bank mergers despite concerns from progressives and the administration's own scrutiny of corporate concentration.
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Sensex drops 413 points due to profit-booking in heavyweights
Updated : 2 years, 10 months ago IST
BSE Sensex dropped 413 points and settled at 61,932.47 while NSE Nifty lost 112 points and ended at 18,286.50 on Tuesday.
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Management's failure to deal with risks, lack of supervisory oversight san
Updated : 2 years, 10 months ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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Recent bank failures show need for vigilance: US Federal Reserve
Updated : 2 years, 10 months ago IST
One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after a run on the bank by the depositors.
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Domestic stocks to track lower global cues next week
Updated : 2 years, 10 months ago IST
The US Federal Reserve on Friday raised interest rates by a quarter of a percentage point and signalled it may pause further increases. The increase lifted the Fed's benchmark federal funds rate to a range of 5 per cent to 5.25 per cent, the highest level since 2007.
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Sensex gains 556 pts, US rates hike lifts investors' spirits
Updated : 2 years, 10 months ago IST
Better-than-anticipated financial results from Indian firms in the March quarter also contributed to the positive market sentiment. All sectoral indices on the NSE, except for the Nifty FMCG index, closed higher
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Banking sector crisis in US tightened credit conditions: Fed Chair
Updated : 2 years, 10 months ago IST
The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said US Federal Reserve Chair Jerome Powell after the two-day monetary policy review meeting where it once again hiked interest rates in their pursuit of
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US Fed's interest rate hike continues in fight against inflation, raises b
Updated : 2 years, 10 months ago IST
The US monetary policy committee, seeking to achieve inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by another 25 basis points to 5.0-5.25 per cent at its latest two-day review meet held during May 2-3.
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US Federal Reserve hikes interest rates by 25 basis points
Updated : 2 years, 10 months ago IST
The US Federal Reserve, in its meeting held today, raised interest rates by 25 basis points.
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Sensex drops 142 points, tracking weak global cues
Updated : 2 years, 10 months ago IST
BSE Sensex was down 142 points to 61,212.97 and Nifty dropped 87 points to 18,061.20 at 10.45 on Wednesday.
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Global economy staring at possibility of slowdown as fears re-emerge over
Updated : 2 years, 10 months ago IST
According to Jahnavi Prabhakar who authored the report, a lot is at stake for Federal Reserve now, as it considers the next rate action given the stubbornly high inflation, elevated wage growth, credit crunch scenario and uncertainty in global growth.
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Markets next week: Focus on Adani stocks, auto sales, Federal Open Market
Updated : 2 years, 10 months ago IST
Investors' sentiments across the world by and large will be influenced by the FOMC meeting outcome. It is expected that the European Central Bank (ECB) will announce its interest rate decision on May 4.
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