Federal Open Market Committee

The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials debate when to end their most aggressive tightening of credit in four…

Federal Reserve officials last month affirmed their resolve to bring down inflation, cautioning that an “unwarranted” loosening of financial conditions would hurt their efforts to achieve…

NEW DELHI: Macroeconomic data announcements, the Covid situation in China and global market cues would guide Dalal Street in the first week of trading in the New Year, analysts said.Markets…

“October is not looking good to me at all. Do not take positions, the longs especially can get cut very badly,” says market expert Ajay Bagga.In September, we have two big events were held,…

The rupee depreciated 23 paise to 79.68 against the U.S. dollar in opening trade on Thursday, tracking the strength of the American currency in the overseas market and a muted trend in…

The rupee recovered from its all-time low to close 3 paise higher at 79.30 (provisional) against the US dollar on Wednesday after a sharp fall in crude oil and foreign fund inflows. At the…

Gold prices edged lower on Wednesday, as an uptick in U.S. Treasury yields and an impending hike in interest rates by the U.S. Federal Reserve dented demand for zero-yield bullion.…

The Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this year, launching a campaign to tackle the fastest inflation in…

By Craig TorresFederal Reserve officials concluded at their January meeting that inflation was running too high, warranting a hike in the benchmark interest rate soon and potentially…

WASHINGTON: The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while…