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 Senate confirms Powell to second term as Fed chair amid inflation

May 12, 2022

Washington [US], May 13 (ANI/Sputnik): The US Senate on Thursday voted to confirm Jerome Powell as chairman of the Federal Reserve, making official his...

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.

Recent bank failures show need for vigilance: US Federal Reserve

May 16, 2023

One of the most prominent lenders in the world of technology startups, Silicon Valley Bank, which was struggling, first collapsed on March 10, after...