Search For "jerome powell"
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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US Fed leaves policy rate unchanged for fourth straight time
Updated : 2 years, 1 month ago IST
The US Federal Reserve in its January meeting voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the fourth straight time on a trot.
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US: Fed holds interest rate steady amid retreating inflation
Updated : 2 years, 3 months ago IST
The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have predicted three possible rate cuts next year, The Hill reported on Wednesday.
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"Fed not thinking about rate cuts right now at all": Jerome Powell
Updated : 2 years, 4 months ago IST
Federal Reserve Chairman Jerome Powell dashed any hopes for a rate cut in the near future and said that the central bank is not "at all" thinking of the possibility currently.
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Selling spree continues in Indian stocks for third straight day
Updated : 2 years, 5 months ago IST
The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
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Banking sector crisis in US tightened credit conditions: Fed Chair
Updated : 2 years, 10 months ago IST
The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said US Federal Reserve Chair Jerome Powell after the two-day monetary policy review meeting where it once again hiked interest rates in their pursuit of
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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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Interest rates "likely to be higher" than previously anticipated: US Fed c
Updated : 3 years ago IST
Consumer inflation in the US moderated to 6.4 per cent in January from 6.5 per cent in December, and 7.1 per cent the previous month but still is way above the 2 per cent target.
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US Fed chief Jerome Powell tests positive for Covid
Updated : 3 years, 1 month ago IST
US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".
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Stabilising inflation may require measures 'that are not popular', says US
Updated : 3 years, 2 months ago IST
The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
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Indian stocks give up Monday's gains; Fed chief's speech in focus
Updated : 3 years, 2 months ago IST
TCS, among the Nifty 50 companies, was the top loser this morning. It declined over 2 per cent. Analysts attribute the decline to less-than-estimated earnings during the October-December quarter.
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