Jerome Powell
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 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 27.01.22

Federal Reserve likely to hike interest rates soon

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 ...
By Reuters in Washington

Business  /  Published 25.01.22

Sensex takes a 1550-point tumble

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 ...
By Our Special Correspondent in Mumbai

Business  /  Published 17.12.21

Central banks battle inflation

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...
By Our Bureau in Mumbai


Business  /  Published 02.12.21

Fed chief wary of inflation

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...
By Reuters in New York

Business  /  Published 23.11.21

Powell gets second term as Fed chief

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...
By AP via PTI in Washington

Business  /  Published 28.08.21

Fed hints at early taper

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...
By AP in Washington

Business  /  Published 27.08.21

Rupee climbs to 10-week high

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...
By PTI in Mumbai

Business  /  Published 05.03.21

Fed unlikely to raise rates

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...
By Our Bureau in Mumbai


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