US Fed raises interest rates by 75 basis points, hints another "large" hike to tame inflation

Jul 28, 2022

Washington [US], July 28 : In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key...

US Fed Chair indicates no rush in cutting interest rates

Mar 06, 2024

Reducing policy restraint too soon or too much could result in a reversal of progress was made in terms of inflation and ultimately require...

US Fed again raises key interest rates in fight against inflation

Sep 22, 2022

Washington [US], September 22 : The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the...

US Fed further raises key interest rates in fight against inflation

Nov 03, 2022

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.

US: Fed keeps interest rates unchanged, projects three cuts in 2024

Mar 20, 2024

The Fed officials, in their March policy decision, held interest rates steady at about 5.3 per cent, where they have been set since July...

No hurry to cut interest rates, US Fed Chair indicates

Mar 30, 2024

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.