(Fed) The Federal Reserve has raised the key interest rate by 0.75 percentage points in a move to confront the inflation rate, which is hovering around a four-decade high. Following…
(Fed) Minutes of the Federal Reserve in early May have indicated that the central bank intends to increase interest rate by 50 basis points at its “next couple of meetings.”…
(Fed) Fed increased the benchmark interest rate by half a percentage point, the largest increase since 2000, the same as the market expected. Following Wednesday's decision, the federal-funds rate of…
(Reuters) Utilities sector has returned over 6% this year, while staples have gained 2.5%, against a general 8% decline in S&P 500 as investors turn defensive in a tighter economy.…
(Markets Insider) Goldman Sachs has predicted an increase in the US interest rate by 50 basis points in Fed’s May and June meetings, amid tough talk by the chair Jerome…
(Fed) The US Federal Reserve has embarked on gradual policy tightening by hiking the interest rates by a quarter percentage point or 25 basis points. The benchmark rate will now…
(Fed) Federal Reserve Chairman Jerome Powell says the central bank is ready to hike rates in its March 15-16 meeting, with more increases to follow at a faster rate than…
(Federal Reserve) The Federal Reserve’s minutes for December 14-15 have revealed that officials target to raise short-term rates earlier than expected. The hawkish stance by the central bank officials reflects…
(Federal Reserve) US Federal Reserve says it will raise interest rates three times in 2022 in an aggressive policy move aiming to tame rising inflation. The US central bank also…
The US dollar index (DXY) is tilting higher ahead of the upcoming interest rate decision by the Federal Reserve. The index is trading at $96.43, which is a few points…
(FT) Jerome Powell is expected to serve a second term as the Federal Reserve chair after president Joe Biden’s nomination. Powell’s biggest rival for the Fed top job Lael Brainard…
(Federal Reserve) The Federal Reserve will begin reducing the $120 billion monthly bond purchases by $15 billion later this month following traction in economic recovery. The Federal Open Market Committee…