Search For "federal reserve"
Appropriate to maintain restrictive monetary policy if inflation persists:
Updated : 1 year, 11 months ago IST
US Federal Reserve Vice Chair Philip N Jefferson believes it will be appropriate to maintain the current restrictive monetary policy stance, to align inflation with 2 per cent.
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Retail buying in Asia including India fuels gold price momentum: Goldman S
Updated : 1 year, 11 months ago IST
The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold prices worldwide. Despite expectations
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US interest rate cut in June seems off the table: Moody's
Updated : 1 year, 11 months ago IST
Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely off the table given stubborn inflation in the country.
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US Fed officials feel interest rate cut appropriate at some point in 2024:
Updated : 1 year, 11 months ago IST
US Federal Reserve officials felt that the key interest rate was likely at its peak and it would be appropriate to loosen the monetary policy stance at some point this year, Minutes of its latest policy review meeting showed.
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US Fed wants more confidence that inflation moving towards target: Minutes
Updated : 1 year, 11 months 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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U.S. Economy Soars: 303,000 jobs added in 39th consecutive month of growth
Updated : 1 year, 11 months ago IST
According to a report, this marks the 39th consecutive month of job growth, with the unemployment rate dropping to 3.8 percent from 3.9 percent in February.
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No hurry to cut interest rates, US Fed Chair indicates
Updated : 1 year, 11 months ago IST
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.
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Indian stocks firm after US central bank hints possible rate cut in 2024
Updated : 1 year, 11 months ago IST
Indian stock indices traded firm Thursday after the opening bell, tracking a global stock rally after the US Federal Reserve, in its latest monetary policy review meeting, maintained its projection of three rate cuts this year.
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UAE: CBUAE maintains Base Rate at 5.40 pc
Updated : 1 year, 11 months ago IST
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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US: Fed keeps interest rates unchanged, projects three cuts in 2024
Updated : 1 year, 12 months ago IST
The Fed officials, in their March policy decision, held interest rates steady at about 5.3 per cent, where they have been set since July 2023.
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US Fed Chair indicates no rush in cutting interest rates
Updated : 2 years ago IST
Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require even tighter policy to get inflation back to 2 per cent target, US Federal Reserve Jerome Powell said, as he indicated the central bank is no rush to cu
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USISPF Welcomes Arvind Krishna, Chairman and Chief Executive Officer at IB
Updated : 2 years ago IST
Washington [US], February 16: The US-India Strategic Partnership Forum (USISPF) is delighted to welcome Arvind Krishna, the Chairman and Chief Executive Officer of IBM to the Board of Directors.
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