Search For "fomc"
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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US Fed officials says need "continued good" inflation data before cutting
Updated : 2 years ago IST
US Fed had raised interest rates from near zero to now 5.25-5.50 per cent in the fight against inflation. Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
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Further monetary policy rate hike hinges on incoming data: US Fed minutes
Updated : 2 years, 3 months ago IST
Monetary policy committee participants in the US were of the view that further tightening of monetary policy would be appropriate if incoming information indicated that progress toward the US Federal Reserve's inflation objective was "insufficient", the minutes of the latest review meeting r
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Indian stocks start fresh week on a steady note
Updated : 2 years, 3 months ago IST
Indian stock indices started fresh week largely on a steady note, with weak cues from global benchmark US markets coupled with uncertainty over monetary policy rates in the US.
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US Fed keeps interest rate unchanged but cautions on elevated inflation
Updated : 2 years, 5 months ago IST
The US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy if need be.
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More interest rate hike "likely be needed" to lower inflation: Fed Governo
Updated : 2 years, 7 months ago IST
US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to get inflation on a path down to its 2 per cent target.
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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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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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Indian stocks close in red on continued US Fed's interest rate hike
Updated : 2 years, 11 months ago IST
Indian stocks settled lower on Thursday in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target even as volatility in the banking system continued due to r
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US Fed further hikes interest rate in fight against high inflation
Updated : 2 years, 11 months ago IST
The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet.
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Indian stocks decline on US central bank's continued interest rate hike
Updated : 2 years, 11 months ago IST
Indian stocks fell Thursday during the morning trade in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target-- even as volatility in the banking system
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Indian stocks in green with focus on US monetary policy outcome
Updated : 2 years, 11 months ago IST
Sensex and Nifty settled 0.7-0.8 per cent higher than the previous session, with most of the Nifty sectoral indices rising.
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