Federal Reserve

Federal Reserve raises rates, signals confidence in strengthening economy

Federal Reserve raises rates, signals confidence in strengthening economy

The Federal Reserve raised interest rates on Wednesday.

Mar 22, 2018, 00:12 AM IST
Federal Reserve set to raise rates as Powell era begins

Federal Reserve set to raise rates as Powell era begins

The Fed also will update its forecasts for the economy and how aggressively officials think the central bank will have to act in coming years.

Mar 21, 2018, 07:12 AM IST
US Senate confirms Jerome Powell as next Fed chairman

US Senate confirms Jerome Powell as next Fed chairman

Powell is to succeed current Fed chair Janet Yellen, when her terms expire on February 3.

Jan 24, 2018, 09:42 AM IST
US Fed raises key interest rate amid strong labor market

US Fed raises key interest rate amid strong labor market

The US Federal Reserve has raised the benchmark interest rate by 25 basis points.

Dec 14, 2017, 09:02 AM IST
US Senate panel approves Powell's nomination to be next Fed chair

US Senate panel approves Powell's nomination to be next Fed chair

The committee approved Powell`s nomination by a vote of 22-1.

Dec 06, 2017, 13:19 PM IST
Fed policymakers say rate increase likely warranted soon

Fed policymakers say rate increase likely warranted soon

The central bank has increased rates four times in a tightening cycle that began in late 2015.

Nov 23, 2017, 12:07 PM IST
Janet Yellen says gradual hikes should continue, despite weak inflation

Janet Yellen says gradual hikes should continue, despite weak inflation

Yellen walked systematically through many of the main arguments in favor of a structural change in inflation, and largely discounted them.

Sep 26, 2017, 23:55 PM IST
Fed keeps rates steady, to start portfolio drawdown in October

Fed keeps rates steady, to start portfolio drawdown in October

That is one-quarter of a point above the current level. Financial markets were barely moved by the Fed decision and the new economic projections and based on the immediate market reaction it looked as if the Fed was right when it said that the portfolio runoff would be as exciting as "watching paint dry".

Sep 20, 2017, 23:49 PM IST
US consumer prices unchanged; retail sales fall again

US consumer prices unchanged; retail sales fall again

Policymakers are confronted with benign inflation and a tight a labor market as they weigh a third rate hike and announcing plans to start reducing the central bank`s $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities. 

Jul 14, 2017, 20:22 PM IST
Global Markets - Italy bank deal boosts Europe shares, dollar edges up

Global Markets - Italy bank deal boosts Europe shares, dollar edges up

Italian 10-year government bond yields fell 4 basis points to 1.88 percent, narrowing the gap over benchmark German equivalents to 164 bps.

 

Jun 26, 2017, 18:50 PM IST
Inflation fizzle may once again leave Fed rate path in doubt

Inflation fizzle may once again leave Fed rate path in doubt

The Federal Reserve will probably express its confidence inflation will climb towards its 2 percent target when it meets this week and delivers a widely expected rate rise, but such assurances are a poor indicator of the Fed`s future policy.

Jun 13, 2017, 11:55 AM IST

Gold set for first monthly drop since Dec as Fed rate hike likely

Gold fell for a third day on Wednesday, set for its first monthly drop since December, as US economic data boosted the case for an interest rate hike by the Federal Reserve next month.

May 31, 2017, 11:03 AM IST

US stocks up ahead of Apple earnings, Fed meeting

Wall Street stocks rose a bit early Tuesday ahead of Apple earnings and the start of a two-day Federal Reserve monetary policy meeting.

May 02, 2017, 19:42 PM IST

Oil rises on Syria attack, dollar shrugs off jobs report

Investors still expect the Federal Reserve to raise interest rates twice more in 2017.

Apr 07, 2017, 22:52 PM IST
Fed rate hike marks normalisation of US monetary policy: Fitch

Fed rate hike marks normalisation of US monetary policy: Fitch

The Federal Reserve's move to hike interest rates by 25 basis points, only the third hike in over 10 years and second in 3 months, marks the beginning of a new phase of US monetary policy normalisation, says Fitch Ratings.

Mar 16, 2017, 12:50 PM IST
Wall Street slips as Fed meets to decide on interest rates

Wall Street slips as Fed meets to decide on interest rates

US stocks slipped at the open on Tuesday as investors fixed their sights on the outcome of a meeting where the Federal Reserve is widely expected to raise interest rates for the first time this year. 

Mar 14, 2017, 19:36 PM IST
US economy added 235,000 jobs in Trump's first full month

US economy added 235,000 jobs in Trump's first full month

US economy added 235,000 jobs in February due to gains in the construction and manufacturing sectors, according to the latest monthly employment report that represents President Donald Trump's first full month in office.

Mar 10, 2017, 20:58 PM IST
Fed on course to raise interest rates at an upcoming meeting: Jannet Yellen

Fed on course to raise interest rates at an upcoming meeting: Jannet Yellen

The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy under the Trump administration.

Feb 14, 2017, 20:47 PM IST
Gold price plunges by Rs 176 to Rs 28,615 per 10 grams

Gold price plunges by Rs 176 to Rs 28,615 per 10 grams

Amid weak global trend and profit-booking by speculators, gold prices dropped by Rs 176 to Rs 28,615 per 10 grams in futures trade Thursday.

Jan 19, 2017, 11:20 AM IST
US job growth slows, but wages rebound strongly

US job growth slows, but wages rebound strongly

US employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year.

Jan 06, 2017, 21:07 PM IST