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Us Federal Reserve
Business  /  Published 26.11.21

Fast taper plan in Jan

The US Federal Reserve will likely double the pace of tapering its monthly bond purchases from January to $30 billion, and wind down its pandemic-era bond buying scheme by mid-March, Goldman Sachs str...
By Reuters in London

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 12.11.21

US inflation rattles investors

The Sensex slipped below the 60000 mark, joining other Asian markets as investors worldwide fear an impending liquidity squeeze by central banks such as the US Fed because of rising inflation. The 30...
By Our Special Correspondent in Mumbai

Business  /  Published 07.09.21

Sensex hits new peak

Equity indices ticked higher to fresh lifetime peaks for the third straight session on Monday, riding on robust gains in Reliance Industries and IT stocks amid a firm trend overseas.  The 30-sha...
By PTI in Mumbai

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

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Business  /  Published 22.06.21

Rupee at 8-week low of 74.10

The rupee on Monday slumped to its lowest level in nearly eight weeks, shedding 24 paise to close at 74.10 to the dollar as participants turned cautious, apprehending foreign fund outflows after hawki...
By The Telegraph 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

Business  /  Published 30.07.20

US Federal Reserve keeps rates intact

The US Federal Reserve on Wednesday repeated a pledge to use its “full range of tools” to support the US economy and keep interest rates near zero for as long as it takes to recover from t...
By Reuters in Washington

Business  /  Published 10.06.20

US Federal Reserve keeps interest rate intact

The Federal Reserve left interest rates unchanged and near zero on Wednesday as the US central bank projected a gradual economic recovery from the pandemic-induced recession.In their first economic pr...
By NYTNS and Reuters in Washington

Business  /  Published 16.03.20

Stocks, rupee slide again

Investor wealth was eroded by Rs 7.62 lakh crore on Monday as stocks again went into a tailspin over concerns of the rapid spread of the novel coronavirus. The benchmark Sensex saw its second worst pl...
By Our Special Correspondent in Mumbai


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