New York [US], April 23 (ANI/Sputnik): Wall Street fell for a third straight week as fears of aggressive interest rate hikes by a Federal Reserve eager to break the back of the worst US inflation in 40 years led to an investor exodus from stocks and even safe-havens such as gold.
New York [US], April 7 (ANI/Sputnik): Wall Street tumbled on Wednesday as the Federal Reserve coalesced around a plan to double down on interest rate hikes to fight inflation at 40-year highs, sending Big Tech stocks down more than 2% for a second day in a row.
Washington [US], March 29 (ANI/Sputnik): US economic growth is expected to be capped at 2.5 per cent over the next two years due to inflation, which is currently "running too high," Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.
Mumbai (Maharashtra) [India], March 17 (ANI): The Indian equities markets key indices, Sensex and Nifty, surged by nearly two per cent on Thursday led by a strong buying support in infra, energy and financial stocks as the US Federal Reserve hiked interest rate by 0.25 per cent on the expect
Mumbai (Maharashtra) [India], March 17 (ANI): Shrugging off the first interest rate hike by the US Federal Reserve in over three years, the Indian equities markets key indices, Sensex and Nifty, surged by nearly 2 per cent on Thursday led by a strong buying support in infra and financial
Washington [US], March 17 (ANI/Sputnik): The Federal Reserve raised US interest rates on Wednesday for the first time since the 2020 outbreak of the coronavirus pandemic and said there could be another six hikes this year if inflation remains high.
Mumbai [India], January 27 (ANI): The Indian equities markets key indices close in the negative for the sixth time in the past seven trading sessions on Thursday with Sensex and Nifty 50 sliding by around 1 per cent.
Mumbai (Maharashtra) [India], January 27 (ANI): The Indian equities markets key indices tumbled on Thursday with Sensex losing 1052 points in the morning trade after the US Federal Reserve gave signal on interest rate hike and reaffirmed halting its bond buying programme.
Washington [US], January 13 (ANI): US inflation reaches the highest level in four decades as consumer prices jump 7 per cent in 2021 as the consumer price index jumped 7 per cent last year, the fastest pace since 1981.
New Delhi [India], January 10 (ANI): High inflation and COVID-19 new variant Omicron have made the outlook for emerging markets like India more uncertain. Another big challenge for the emerging economies would come from the policy rate hike from the United States Federal Reserve.
New York [US], December 4 (ANI/Sputnik): US stocks tumbled for a second week in a row, roiled by fears of an imminent rate hike by the Federal Reserve and the possibility of another round of global economic turmoil from potential measures to address the coronavirus Omicron variant.