fed hike

Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening in more than a generation to curb surging…

Mumbai: The rupee has outperformed most Asian currencies as the initial public offering (IPO) of the Life Insurance Corporation (LIC) of India spurred an inflow of dollars at a time when…

Federal Reserve officials are helping shape market expectations for sharper interest-rate hikes to curb the surge in inflation, but have not managed to dispel fears the tightening cycle…

The US Federal Open Market Committee (FOMC)’s statement characterises an emergency-level response to runaway inflation at 8%, a 40-year high. Far beyond the initial misplaced assessment of…

Federal Reserve Chair Jerome Powell made clear on Wednesday that the Fed will begin raising interest rates this month in a high-stakes effort to restrain surging inflation. In prepared…

WASHINGTON, - The U.S. Federal Reserve's battle against inflation, already complicated by the unpredictable impact of a once-in-a-century pandemic, now faces a likely energy price shock and…