Fed keeps key rate unchanged, noting slower US growth

Fed keeps key rate unchanged, noting slower US growth

The Federal Reserve kept its benchmark interest rate unchanged Wednesday citing slower growth in the US economy even as the labor market strengthens.

Fed debated April rate hike but caution reigned due to global fears: Minutes

Fed debated April rate hike but caution reigned due to global fears: Minutes

Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.

US Fed holds rates steady as economy grows despite global risks

US Fed holds rates steady as economy grows despite global risks

The Federal Reserve held interest rates steady on Wednesday, but indicated that moderate US economic growth and "strong job gains" would allow it to resume tightening monetary policy this year.

Consensus-based system' better for policy rates: Panagariya

Consensus-based system' better for policy rates: Panagariya

Backing the proposed monetary policy committee for deciding the key interest rates, NITI Aayog Vice-Chairman Arvind Panagariya Tuesday said "consensus-based system" works better.

 

Fed rate lift-off may keep rupee on edge: India Inc

Fed rate lift-off may keep rupee on edge: India Inc

India Inc Thursday said the rate hike by the US Federal Reserve will not have a significant impact on India even though it may put pressure on emerging market currencies, including the rupee.

US Fed readies first historic rate hike since 2006 amid calm markets

US Fed readies first historic rate hike since 2006 amid calm markets

Eight years after a devastating recession opened an era of loose US monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world`s largest economy had overcome most of the wounds of the global financial crisis.

US Federal Reserve meets on historic rate rise

US Federal Reserve meets on historic rate rise

The Federal Reserve begins meeting Tuesday to weigh a landmark interest rate increase that will signal the end of more than seven years of crisis-era, easy-money monetary policy.

Janet Yellen says strong dollar makes Fed cautious

The stronger dollar and the divergence in monetary policies by major central banks has made the Federal Reserve "cautious" on raising interest rates, Fed Chair Janet Yellen said Thursday.

US Fed Chair Janet Yellen says 'looking forward' to day of rate hike

US Fed Chair Janet Yellen says 'looking forward' to day of rate hike

Federal Reserve Chair Janet Yellen said on Wednesday she was "looking forward" to a U.S. interest rate hike that will be seen as a testament to the economy's recovery from recession.

Janet Yellen still sees slack in US jobs market

Janet Yellen still sees slack in US jobs market

Federal Reserve Chair Janet Yellen said Wednesday that she still sees slack in the US jobs market but that continued moderate economic growth over the next few years should eliminate it.

India has potential to recharge Asian growth engine: US

India has potential to recharge Asian growth engine: US

India has "enormous potential" to recharge the Asian growth engine as the country remains unintegrated into global production sharing and is relatively at an early stage of its development trajectory, a top US-based economist has said.

Fed rate hike 'makes sense,' says US reserve bank president

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top US central banker said on Saturday. 

US Fed keeps rates unchanged, sets up possible December hike

US Fed keeps rates unchanged, sets up possible December hike

The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next meeting put a December rate hike firmly in play.

US Federal Reserve to weigh ECB's stimulus push as it readies rates message

US Federal Reserve to weigh ECB's stimulus push as it readies rates message

ECB President Mario Draghi caused the dollar to jump against the euro on Thursday when he said the ECB was studying new ways to fight off deflation and spur growth that may be announced as soon as December. 

US Fed likely to hike interest rates in December: Poll

US Fed likely to hike interest rates in December: Poll

The U.S. Federal Reserve likely will pull the trigger and hike interest rates in December after taking a pass last week, according to economists polled by Reuters who assigned a 60 percent probability of it happening.

US Fed holds rates steady in nod to global economic weakness

US Fed holds rates steady in nod to global economic weakness

The U.S. Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year.

Worries over global growth weigh as Fed mulls rate hike

The United States weighs raising rates for the first time in nine years Thursday, a momentous decision that has transfixed world markets at a time of slowing Chinese growth and crises in other emerging markets.

US Fed begins final day of meeting on crucial rate decision

US Fed begins final day of meeting on crucial rate decision

The Federal Reserve opened the final day of deliberations Thursday on a crucial interest rate increase that has left global markets and economic policy makers on edge for weeks. 

US Fed begins two-day meeting to decide on interest rate hike

US Fed begins two-day meeting to decide on interest rate hike

Top officials at the U.S. Federal Reserve on Wednesday began a two-day policy meeting that is narrowly expected to end without an interest rate hike.

Fed meets on rate hike amid global pressure for caution

The US Federal Reserve opens a two-day meeting Wednesday to weigh what could be a historic interest rate increase amid global calls for caution as world economic growth slows.