Fed rate hike

US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are willing to risk a recession. But with war…

Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economists surveyed by Bloomberg said. They expect the Federal…

Federal Reserve officials agreed last month that interest rates may need to keep rising for longer to prevent higher inflation from becoming entrenched, even if that slowed the US economy. Policy makers backed raising rates at their next…

The current account deficit could widen further to 3.3% in FY23 from 1.2% in the previous fiscal amid concerns over its impact on an already depreciating rupee, Nomura said in a report. The rupee could sink to a level of 82 against the…

It’s been a chaotic, and costly, time for many investors. But 2022 is only half over and the stocks tale will probably have more twists and turns before the year is up. Coming off the worst first-half since 1970, US equities now face a…

The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional" but also comes with the risk of higher unemployment, U.S. central bank chief Jerome Powell said on Thursday. "It's unconditional," Powell told the…

Federal Reserve policymakers on Friday began to publicly sketch out their views of the outlook for interest rates and the U.S. economy, two days after the central bank rolled out its largest interest rate increase in more than a quarter…

Having suffered a triple blow of recession fears in the US, inflationary pressure and the Fed's rate hike, headline index Sensex lost 2,943 points this week. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points…

Washington: The US central bank is committed to bringing down high American inflation and could hike the benchmark interest rate by another 0.75 percentage points in July, Federal Reserve Chair Jerome Powell said Wednesday. "Clearly,…

The U.S. Federal Reserve's big interest rate hike on Wednesday -- and the expectation of more to come -- is aimed at bringing down 40-year high inflation topping 8% on an annual basis in recent months. But the largest rate increase in a…