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Federal Reserve

28 Oct 2015

Federal Reserve keeps rate at record low after slowdown in job growth

The Federal Reserve is keeping US interest rates at record lows in the face of persistent threats from a weak international economy and excessively low inflation.

Federal Reserve

29 Apr 2015

Federal Reserve leaves open timeframe for rate rise

The Federal Reserve left open its timeframe for a rise in interest rates Wednesday, following a winter slowdown that stalled US economic growth.

US unemployment rate

09 Jan 2015

2014 the best year of job growth in US since 1999

The US unemployment rate has dropped to 5.6 percent with the addition of over 2.5 lakh new jobs last month, making 2014 the best year of job growth since 1999.

16 Dec 2014

Oil plunge, Russia crisis challenge US Federal Reserve

The Fed`s last meeting of 2014 was expected to confirm its path toward monetary policy normalization after holding its base interest rate at the zero level for six years to bring the country out of the Great Recession.

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