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US Fed Chair indicates no rush in cutting interest rates
Updated : 2 years, 2 months 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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Legends Cricket Trophy to kick off with clash between Yuvraj, Harbhajan Si
Updated : 2 years, 2 months ago IST
Legends Cricket Trophy is around the corner, and as the first match of the new 90-ball tournament nears, we are all set to see the clash of the titans with two of India's cricketing greats Harbhajan Singh and Yuvraj Singh are set to lock horns in the tournament opener, starting March 8 at th
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LCT: New York Superstar Strikers include Christian, Jerome Taylor, finalis
Updated : 2 years, 3 months ago IST
Headlining the squad are renowned names such as Dan Christian, and Jerome Taylor.
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US Fed officials says need "continued good" inflation data before cutting
Updated : 2 years, 3 months 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, 3 months 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, 5 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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Robertet Group bolsters its market presence in India with the strategic ac
Updated : 2 years, 5 months ago IST
New Delhi [India], December 13: The Robertet Group, a world leader in natural raw materials, has acquired Sonarome, a prominent Indian flavour company, for an undisclosed sum. Robertet's ongoing growth strategy is aimed at expanding its flavour offerings for food and beverages, and expands i
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"Fed not thinking about rate cuts right now at all": Jerome Powell
Updated : 2 years, 6 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, 8 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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Prepared to raise interest rates further if appropriate: Federal Reserve C
Updated : 2 years, 8 months ago IST
Jerome H. Powell said, “Although inflation has moved down from its peak—a welcome development—it remains too high”.
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Banking sector crisis in US tightened credit conditions: Fed Chair
Updated : 3 years 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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Federal Reserve examines factors that contributed to failure of Silicon Va
Updated : 3 years ago IST
The US Federal Reserve Board on Friday announced the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Michael S Barr.
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