US Federal Reserve finally pauses interest rate

Jun 15, 2023

Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight...

US Federal Reserve to cut bond purchase

Nov 04, 2021

Washington [US], November 4 : The Federal Reserve on Wednesday (local time) announced to cut bond purchases that supported the economy throughout the COVID-19...

US: Kevin Warsh confirmed as Federal Reserve Chair

May 13, 2026

The Senate on Wednesday (local time) confirmed Kevin Warsh to serve as the 17th chair of the Federal Reserve, as he succeeds Jerome Powell.

US Fed keeps benchmark rate unchanged at 3.5%-3.75%

Mar 19, 2026

The US Federal Reserve on Wednesday announced that it is keeping its benchmark federal funds rate unchanged at 3.5%-3.75%.

Harvard professor found guilty of hiding affiliation with China

Dec 22, 2021

Washington [US], December 22 : A Harvard professor was convicted by a US federal jury on Wednesday in connection with lying to federal authorities...

Fed holds rates steady at 4.25-4.50%, Dot plot signals two rate cuts in CY 2025

Jun 19, 2025

In line with market expectations, the US Federal Reserve has decided to keep the federal funds rate unchanged at 4.25-4.50 per cent.