Search For "hike in interest rate"
Indian stock indices plunge on weak US market cues
Updated : 2 years, 7 months ago IST
Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
Read More
Sensex, Nifty volatile as US Fed raises interest rates to control 40-year
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, witnessed volatile trading on Thursday tracking weakness in the global peers after the US Federal Reserve raised policy rates by 75 basis points, the highest increase since 1994, in order to
Read More
US Federal Reserve hikes interest rates by 75 basis points
Updated : 3 years, 9 months ago IST
Washington [US], June 16 (ANI): The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.
Read More