US Fed Chair indicates no rush in cutting interest rates

Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation...

Legends Cricket Trophy: Yuvraj, Harbhajan to clash in Kandy

Legends Cricket Trophy is around the corner, and as the first match of the new 90-ball tournament nears, we are all...

LCT: New York Superstar Strikers finalise squad for 2nd season

Headlining the squad are renowned names such as Dan Christian, and Jerome Taylor.

US Fed official says more inflation data needed for cutting rates

US Fed had raised interest rates from near zero to now 5.25-5.50 per cent in the fight against inflation. Raising...

US Fed leaves policy rate unchanged for fourth straight time

The US Federal Reserve in its January meeting voted to leave the key interest rate unchanged at 5.25-5.50 per...

US: Fed holds interest rate steady amid retreating inflation

The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting,...

Robertet Group bolsters its market presence in India

New Delhi [India], December 13: The Robertet Group, a world leader in natural raw materials, has acquired Sonarome,...

"Fed not thinking about rate cuts right now at all”

Federal Reserve Chairman Jerome Powell dashed any hopes for a rate cut in the near future and said that the...

Selling spree continues in Indian stocks for third straight day

The selling spree continues in Indian stock markets for the third straight session after the US central bank...

Prepared to raise rates further if appropriate: Fed Reserve Chair

Jerome H. Powell said, “Although inflation has moved down from its peak—a welcome development—it remains too high”.

US banking sector crisis tightened credit conditions: Fed Chair

The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to...

Federal Reserve examines factors that contributed to failure of S

The US Federal Reserve Board on Friday announced the results from the review of the supervision and regulation of...