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Federal Reserve
Business  /  Published 05.05.22

RBI scurries to up rate

The RBI stunned the street on Wednesday after an unscheduled meeting raised the policy repo rate by 40 basis points to 4.40 per cent in a fire-fighting measure to tamp down on inflation which shot up ...
By Our Bureau in Mumbai

Business  /  Published 05.05.22

Krishna on board of NY Fed

IBM chairman and chief executive officer Arvind Krishna has been elected to the board of directors of the Federal Reserve Bank of New York. The Federal Reserve Bank of New York on Monday announced th...
By PTI in New York

Business  /  Published 05.05.22

US Fed rate up 50 basis points

The US Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 years, and said it would begin trimming its bond holdings next month...
By Reuters in Washington

Business  /  Published 03.05.22

Dollar nears 20-year high

The dollar rose back towards a 20-year high on Monday as the euro struggled around the $1.05 mark, with investors preparing for a busy week of central bank meetings including a likely Federal Reserve ...
By Reuters in London

Business  /  Published 03.05.22

Markets wobble

Equities remained wobbly at the start of the week — weighed down by the upcoming meeting of the US Federal Reserve that may lead to a hike in the interest rate by half a percentage point to coun...
By Reuters in Mumbai

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Business  /  Published 23.04.22

Fed resolves to speed up rate hikes

Jerome H. Powell, the chair of the US Federal Reserve, signaled on Thursday that the central bank was prepared to raise interest rates rapidly starting in May as it tries to cool down the economy and ...
By Jeanna Smialek, Madeleine Ngo in New York

Business  /  Published 22.04.22

Fed rate: Indian shares fall over 1%

Indian shares fell more than 1% on Friday, dragged by losses across the board, as global sentiment soured after the U.S. Federal Reserve hinted at an increasingly aggressive rate hike amid concerns ab...
By Reuters in Bengaluru

Business  /  Published 07.04.22

RBI rate status quo to bite hard later

The monetary policy committee of the Reserve Bank of India (RBI) started its three-day meeting on Wednesday amid indications it will not fiddle with its key policy rates — as it runs the risk of...
By Our Special Correspondent in Mumbai

Business  /  Published 19.03.22

Crude moves above $100

Meanwhile, output from the Opec+ producer group in February undershot targets even more than in the previous month, sources said, while the International Energy Agency said oil markets could lose thre...
By Reuters in London

Business  /  Published 18.03.22

Sensex soars over 1047 points

The Sensex on Friday leapt over 1047 points — tracking a bullish trend in global markets despite the first interest rate hike by the US Federal Reserve in over three years. Investor interest wa...
By Our Special Correspondent in Mumbai


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