US Fed cuts rate by 25 basis points, continuing its monetary policy loosening

Nov 08, 2024

The latest decision by the Federal Open Market Committee (FOMC) lowers the federal funds rate target to a range of 4.5 per cent to...

Market bounces back, Sensex jumps over 900 points

Apr 29, 2024

This week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April 30...

US Federal Reserve to cut bond purchase

Nov 04, 2021

Washington [US], November 4 : The Federal Reserve on Wednesday (local time) announced to cut bond purchases that supported the economy throughout the COVID-19...

US Federal Reserve finally pauses interest rate

Jun 15, 2023

Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight...

US Federal Reserve hikes interest rates by 75 basis points

Jun 16, 2022

Washington [US], June 16 : The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of...

US Federal Reserve hikes interest rates by 25 basis points

May 04, 2023

The US Federal Reserve, in its meeting held today, raised interest rates by 25 basis points.