Search For "federal reserve"
Bloodbath in Indian stocks; US Fed Chair's aggressive monetary policy stan
Updated : 3 years, 6 months ago IST
New Delhi [India], August 29 (ANI): Indian stocks declined sharply on Monday morning tracking negative cues from global benchmarks as stocks in the US plummeted after Federal Reserve Chair Jerome Powell said the central bank won't back off in its fight against rising inflation.
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China might devalue yuan, inflation fears loom as Jackson Hole Summit unde
Updated : 3 years, 6 months ago IST
Beijing [China], August 27 (ANI): As the US central bank's annual summer gathering is underway, the biggest worry will be that as the US dollar gets stronger, China might weaken yuan which will result in skyrocketing inflation.
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US stocks snap 4-week rally on talk federal reserve could have another big
Updated : 3 years, 6 months ago IST
New York [US], August 20 (ANI/Sputnik): Wall Street on Friday fell broadly for the first time in five weeks amid speculation that the Federal Reserve could embark on another major interest rate hike for September in a bid by the central bank to keep up with its fight against inflation.
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Sensex rebounds 352 points from day's low; closes 38 points higher
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 18 (ANI): The Indian stock market's benchmark Sensex closed 38 points higher in a volatile session on Thursday as the US Federal Reserve signalled a slowdown in the pace of future rate hikes.
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Wall Street falls 1st time since start of week as fed minutes stir debate
Updated : 3 years, 7 months ago IST
New York [US], August 18 (ANI/Sputnik): Stocks on Wall Street fell broadly for the first time since the start of this week after minutes from the Federal Reserve's July meeting stirred debate on the direction for US interest rates.
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US Fed issues guidance for banks considering crypto activities
Updated : 3 years, 7 months ago IST
Washington [US], August 17 (ANI): The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities saying banks should notify the central bank prior to engaging in such assets.
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Wall Street up broadly as big tech dips in cautious trade ahead of fed min
Updated : 3 years, 7 months ago IST
New York [US], August 17 (ANI/Sputnik): Wall Street registered another broadly higher close on Tuesday even as Big Tech stocks fell in cautious trade ahead of the release of the highly-anticipated minutes of the Federal Reserve's July meeting.
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US Fed Governor Bowman says another "similarly-sized" rate hike needed to
Updated : 3 years, 7 months ago IST
Colorado [US], August 8 (ANI): The US Federal Reserve Governor Michelle W. Bowman said another "similarly-sized" - 75 basis points -- increase in key interest rates should be on the table until the economy sees inflation declining in a "consistent, meaningful, and lasting way".
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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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Sensex slumps for second straight day; closes 498 points down
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): The Indian stock markets' key indices slumped by around one per cent on Tuesday dragged by heavy selling pressure in IT and banking stocks ahead of the first quarter earnings report by several large-cap companies and announcement of the US Federal
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Crypto needs regulation before it becomes large, pose risks to financial s
Updated : 3 years, 8 months ago IST
London [United Kingdom], July 11 (ANI) While expressing concerns about the crypto markets, Vice-Chair of the US Federal Reserve, Lael Brainard, has said it is important that the foundations for sound regulation of the crypto financial system be established now before the ecosystem becomes so
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US trade deficit continues to narrow in May amid cooling demand
Updated : 3 years, 8 months ago IST
Washington [US], July 7 (ANI/Xinhua): The US trade deficit shrank by 1.3 per cent in May after a significant drop in the previous month, hitting the lowest level of the year, the Commerce Department reported on Thursday.
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