US Fed releases 2023 stress test scenarios for its banks

The US central bank said 23 banks will be tested this year against a severe global recession with heightened stress...

Sensex recovers 60k level as markets open with Budget expectation

Most of the global markets' indices were trading in the green as investors looked ahead to the US Federal Reserve...

Morgan Stanley sees 25 bps rate hike in next US policy meet

The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and...

US Fed's Brainard makes case for further policy tightening

In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still...

US Fed chief Jerome Powell tests positive for Covid

US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".

More interest rate hikes needed to fight inflation: US Fed guv

In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still...

US-bound flights resume operations after FAA outage

The US Federal Aviation Administration (FAA) informed all operators about the airspace system failure.

Over 400 flights grounded in US due to technical glitch

Over 400 flights across the United States have been stranded due to a major outage in the computer system of the...

Indian stocks decline for second straight day

Indian stock indices have extended losses for the second straight session, largely due to continued selling by...

Stabilising inflation may require unpopular measures: Fed chief

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...

Inflation "far too high" despite recent moderation: US Fed's Cook

US Federal Reserve Governor Lisa D. Cook has said inflation in the US remains "far too high" despite some...

Indian stocks largely steady after US central bank policy minutes

The US Federal Reserve officials believe it would not be "appropriate" to begin loosening monetary policy stance in...