federal reserve - Latest News, Analysis, Opinion

World

As these banks collapse, the Federal Deposit Insurance Corporation (FDIC) was appointed as a receiver, which typically means it will liquidate the bank's assets to pay back its customers, including depositors, and others

Fed Can Battle Inflation Without Any Political Influence: Jerome Powell

Banking & Finance

"We are not, and will not be a climate policymaker," he asserted and said that the publicly elected respective government branches should take policy decisions that address direct climatic change. He said this to the forum, restating his laid-out principles before being questioned by the public or elected officials about the central bank's approach to climate change

Fed Agrees On Slowing Rate Hikes But Fight Against Inflation Continues

The minutes of the December meeting, which were released on Wednesday, showed that officials remain focused on taming inflation and expressed concern over financial markets perceiving slowdown in rate hikes as weakening in the bank's resolve to fight inflation

Indian Equities Edge Higher Ahead Of Fed Outcome

The Nifty 50 index ended 0.28 per cent up at 18,660.30, while the S&P BSE Sensex jumped 0.23 per cent to 62,677.91

Federal Reserve Is Not Going Soft On Inflation Just Yet

Federal Reserve Governor Christopher Waller said that the October print was good news but was just one data point that would have to be followed with other similar readings to prove that inflation is slowing

Fed Raises Interest Rate By 75 Bps But Hints A Pullback

The new language in the policy statement took note of the still-evolving impact that the Fed's rapid pace of rate hikes has set in motion, and a desire to hone in on a level for the federal funds rate "sufficiently restrictive to return inflation to 2 per cent over time"

US Job Openings Hit Record 10.7 Mn In Sept Despite Fed's Interest Rate Hike

World

According to the Labour Department, employers advertised 10.7 million job openings in September, up from 10.3 million in August

Wall Street Extends Rally On Less Hawkish Fed Bets

All three major US stock indices advanced for the third straight session, with market-leading mega caps providing the most upside muscle

Fed Expects Higher Rates To Stay In Place, Show Sept FOMC Minutes

In the minutes of the September meeting released on Wednesday, officials acknowledged that inflation was taking a toll on lower-income Americans and reiterated that rate hikes are likely to continue and higher rates will prevail until the problem is showing signs of resolving

New York Fed President Bats For More Rate Hikes To Tame Inflation

He said that doing so will better balance supply with demand in a way that brings down inflation quickly

Indian Equities Slump After Fed Rate Hike

Arjun Yadav

At close, the Sensex was down 337.06 points or 0.57 per cent at 59,119.72, while its broader peer, the Nifty was down 88.50 points or 0.50 per cent at 17,629.80

Fed Delivers 75 Bps Rate Hike, Sees More Increases Ahead

The federal funds rate projected for the end of this year signals total rate hikes of another 1.25 percentage points to come in the Fed's two remaining policy meetings in 2022, a level that implies another 75-basis-point hike in the offing

Indian Equities Extend Their Losses; Sensex Slips Below 60,000

Arjun Yadav

At close, the Sensex ended 412.96 points or 0.68 per cent lower to settle at 59,934 while its broader peer the Nifty50 shed 126.40 points or 0.70 per cent to settle at 17,877

Market Ends In Red Amid Weak Global Cues