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...

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 ...

The Federal Reserve is expected on Wednesday to signal plans to raise interest rates in March as it focuses on fighting inflation and sets aside, at least for now, economic risks posed by the ongoing ...

Nervous investors dumped stocks on Monday fearing the US Federal Reserve may adopt a more hawkish stand at its policy meeting this week amid tensions in the Russia-Ukraine border that could lead to a ...

While the risks of uncontrolled prices have forced the central banks to react in varied degrees, India's central bank appeared to brush price concerns under the carpet at its policy meet last week...

US central bankers in December will discuss whether to end their bond purchases (taper) a few months earlier than had been anticipated, Federal Reserve chair Jerome Powell said on Tuesday, pointing to...

President Joe Biden announced Monday that he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal...

The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, chair Jerome Powell said Friday, signaling the beginning of the end of the Fed...

The Indian rupee on Friday rose to a level not seen in over 10 weeks, surging 53 paise to close at 73.69 against the US dollar taking cues from bullish equities ahead of the key speech from US Federal...

US Federal Reserve chairman Jerome Powell on Thursday said US interest rate are unlikely to be raised from its current near zero levels until the US economy recovers to ensure maximum employment and a...