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The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent

US Federal Reserve Bank keeps interest rate unchanged for fourth time in a row

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Powell-led FOMC keeps key rates unchanged at 5-1/4 to 5-1/2 percent for 4th straight meeting The US Federal Reserve Bank has kept the interest rate...
It was not clear if hackers responsible for breaching were Russian-speaking ransomware group that has claimed credit for numerous other victims in hacking campaign

US federal govt agencies targeted in major global cyberattack

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Major cyberattack hits government agencies, institutions worldwide On Thursday several US federal government agencies were targeted in a major global cyberattack, which takes advantage of...
RBI has marginally lowered the CPI inflation projection for FY24 to 5.1 percent, it has emphasized on the inflationary risks

RBI-MPC won’t cut repo rate anytime soon, not before US Federal Reserve: Experts

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MPC opts for hawkish pause, focused on 4% inflation target Reacting to RBI's Monetary Policy Committee (MPC) to maintain the status quo as regards the...
Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain

US Fed rolls out another rate hike, warns inflation fight can’t be ‘painless’

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US Fed attacks inflation with another big hike and expects more The US Federal Reserve rolled out another steep increase in the key US interest...
The latest inflation data came after the Fed signalled that the central bank is ready to raise interest rates as soon as March to combat surging inflation

US Federal Reserve’s inflation measure hits nearly 40-year high

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US inflation leaps 5.8% in 2021, hits 40-year high The US sees a surge in inflation at its fastest pace in nearly 40 years last...
Strategists don’t expect much market reaction, unless the central bank’s messaging includes a surprise or its forecast for interest rate hikes is more aggressive than expected

US Fed Reserve may announce faster pace of tapering and hike in interest rates

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US Fed to announce faster pace of tapering at December meeting The US Federal Reserve could soon announce in the coming week to speed up...
As the Fed contemplates raising rates, several factors may tie their hands

Decoding US Fed Rates

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A normally dovish President of the US Federal Reserve Bank of Boston, Eric Rosengren said that it is time the Fed raises the interest...
US Fed raises interest rates for first time since 2006

US Fed raises interest rates for first time since 2006

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By Arun Kumar Washington, Dec 17 - In a historic move, America's central bank, the US Federal Reserve, for the first time in nearly...
Why the US Fed is not raising rates

Why the US Fed is not raising rates

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Sree Iyer Perhaps one of the most talked about item in the business channels and publications is the date on which the Fed will raise...
The Fed halted the rate hike after a 52-week-long fight to rein in the price pressures on the economy by November last year

US inflation touches 3.1% leaving doubts over whether Fed will resort to rate cuts

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US inflation, more stubborn than expected, edged down to 3.1% in January Inflation in the US, which cooled in January, rose again exceeding Wall Street’s...

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