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Anirudha Yerunkar October 3, 2025 1:00 PM IST
White House has warned of mass layoffs as the US government shutdown deepens after both parties became adamant over any common concessions.
Anirudha Yerunkar October 2, 2025 11:06 AM IST
The Fed will remain open no matter how long the shutdown lasts, because it funds itself from earnings on the government bonds and other securities it owns.
Anirudha Yerunkar September 18, 2025 2:25 PM IST
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index traded in positive territory while Hong Kong's Hang Seng quoted lower.
Anirudha Yerunkar September 18, 2025 9:22 AM IST
The Fed's move to cut rates puts it in a different spot from many other central banks overseas.
Anirudha Yerunkar March 21, 2024 8:39 AM IST
US stocks S&P 500 rose to the 5,200 level after the Federal Reserve held rates on 20th March midnight FOMC Meet.
ANI November 2, 2023 7:16 AM IST
The Federal Reserve said it would keep interest rates between 5.25 per cent and 5.5 per cent.
India.com Business Desk March 23, 2023 7:29 AM IST
The Fed increased its funds target rate to a range of 4.75-5 percent, a level last seen prior to the 2007-08 global financial crisis.
IANS March 8, 2023 8:35 AM IST
Central bankers are in the midst of the most aggressive campaign since the 1980s to crush persistently high inflation.
India.com Business Desk February 24, 2023 7:20 PM IST
Since March of last year, the Fed has attacked inflation by raising its key interest rate eight times. Yet despite the resulting higher borrowing costs for individuals and businesses, the job market remains surprisingly robust.
Sankunni K February 23, 2023 1:11 PM IST
During his post-meeting press conference, Federal Reserve chair Jerome Powell cautioned that ongoing rate increases were necessary and the Federal Open Market Committee would maintain a restrictive stance for some time.
ANI Feeds January 11, 2023 12:04 PM IST
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
India.com Business Desk January 11, 2023 9:00 AM IST
Powell made his first public appearance of the year at a forum sponsored by the Swedish central bank where he said that the Fed's independence is essential for it to battle inflation.
India.com Business Desk December 15, 2022 8:09 AM IST
At close, BSE Sensex was down 878.88 points or 1.40 per cent at 61,799.03 and NSE Nifty was down 245.40 points or 1.32 per cent at 18,414.90
India.com Business Desk December 15, 2022 7:25 AM IST
This was the seventh rate hike this year by the Fed in an unprecedented set of measures to reign in inflation. These harsh measures, which have the effect of curbing spending which slows down production, had, it was feared, could trigger a recession.
Sankunni K December 13, 2022 2:44 PM IST
The US Labor Department's November consumer price index of inflation is due today and the Federal Open Market Committee's policy decision is slated for Wednesday.
India.com Business Desk September 27, 2022 1:56 PM IST
"INR readjustment is catching up faster than peers, as it was held stronger in past adjustments by policy intervention. India's massive FX defence, amounting to more than US$100bn estimated since October-21 (spot + forwards) means that the war-chest is falling faster than the pace at which the war is fading", said the report
India.com Business Desk September 23, 2022 10:01 AM IST
At 4:15 am UTC (9:45 AM IST), Rupee was at a low of 81.22 against the USD. Today, Rupee opened 25 paisa lower at 81.09 per dollar versus yesterday's close of 80.86 per dollar.
India.com Business Desk September 22, 2022 10:19 AM IST
"A weaker rupee in line with market fundamentals is not a cause of concern to us," said the government official quoted by Reuters. "It can act as a natural stabiliser for the economy by helping reduce imports and maintain export competitiveness," the official added.
India.com Business Desk September 22, 2022 8:19 AM IST
"We have got to get inflation behind us. I wish there were a painless way to do that," Fed Reserve Chairman Jerome Powell said.
India.com Business Desk July 24, 2022 7:16 PM IST
The Indian rupee may further depreciate to 82 to a dollar in the near term due to the widening of the trade deficit and expected aggressive rate hike by the US Federal Reserve later this week to tame record high inflation, economists said.
India.com Business Desk June 24, 2022 12:09 PM IST
Inflation in India hit an eight-year high mark in April at 7.79 per cent. It eased a little in May but still remained outside the RBI's tolerance band of 2-6 per cent.
India.com Business Desk June 17, 2022 4:50 PM IST
Share Market News: In Sensex, Asian Paints, Wipro, Dr Reddy's. Titan, TCS, Tech Mahindra, Sun Pharma and Maruti were the top losers on Friday
India.com Business Desk June 17, 2022 10:00 AM IST
Share Market Today: Sensex and Nifty both recovered from the opening losses and were trading flat on Friday. Global indices too showed muted investor sentiment.
India.com Business Desk June 16, 2022 2:53 PM IST
Share Market Today: Sensex and Nifty gave up early gains to turn negative on Thursday. Sensex was down over 1,000 points and Nifty was at 52-week low.
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