US Fed chief strongly signals rate cut in September, shifts focus from inflation to unemployment

Aug 23, 2024

US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as...

US Federal Reserve hikes interest rates by 25 basis points

May 04, 2023

The US Federal Reserve, in its meeting held today, raised interest rates by 25 basis points.

US stock markets tanked as US federal reserve cuts interest rates by 0.25%

Dec 19, 2024

The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following...

US Fed Reserve officials signal they could hold rates: NYT

Jun 02, 2023

Fresh jobs data released on Friday could help to inform policymakers as they try to decide whether this is the right moment to take...

Sensex gains 556 pts, US rates hike lifts investors' spirits

May 04, 2023

Better-than-anticipated financial results from Indian firms in the March quarter also contributed to the positive market sentiment. All sectoral indices on the NSE, except...

Big US banks beat earnings expectations on higher interest rates

Apr 15, 2023

JPMorgan Chase, the country's largest bank, reported a USD 12.6 billion net profit for the first quarter of 2023, up 52 per cent from...