US inflation declines further in April

May 10, 2023

Though it is declining, the inflation numbers in the US are still way above the 2 per cent target.

US Fed hopeful of achieving 2 per cent inflation target soon

Jul 04, 2024

The U.S. Fed in its latest meeting noted a lack of significant progress towards reaching the 2 per cent inflation target, although it added...

US Fed wants more confidence that inflation moving towards target: Minutes

Apr 11, 2024

US Federal Reserve officials expect it would not be appropriate to reduce the key interest rate until they gain "greater confidence" that inflation is...

US Fed chief strongly signals rate cut in September, shifts focus from inflation to unemployment

Aug 23, 2024

US Federal Reserve Chair Jerome Powell gave a strong indication that it was time for the US central bank to reduce interest rates as...

Restrictive monetary policy needed for "some time", says US Fed's Vice Chair

Sep 08, 2022

New York [US] September 8 : Vice-Chair of the US Federal Reserve, Lael Brainard, said monetary policies need to be restrictive for "some time"...

More interest rate hikes needed to fight inflation, says US Fed's Bowman

Jan 15, 2023

In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above...