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Updated : 1 week ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target. In October, it was reportedly 7.7 per cent.
Updated : 1 week, 5 days ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target.
Updated : 1 month, 4 weeks ago IST
The US central bank's aim has been to achieve maximum employment and inflation at the rate of 2 per cent over the long run.
Updated : 4 months, 1 week ago IST
New Delhi [India], September 22 (ANI): Indian stocks declined, though marginally, on Thursday morning in line with weak global cues, following yet another policy rates hike by the US Federal Reserve in its fight against high inflation.
Washington [US], September 22 (ANI): The US Federal Reserve has yet again raised key interest rates in its fight against red-hot inflation in the country. The key policy rate was raised by 75 basis points to 3.0-3.25 per cent -- which is the third consecutive hike of the same magnitude.
New Delhi [India], September 21 (ANI): Snapping two-day gains, Indian stocks traded a tad lower but with a positive bias on Wednesday morning as investors await the actual degree of rate hike by the US Federal Reserve, if at all, for fresh cues.
New Delhi [India], September 18 (ANI): All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary policy tightening by various central banks to
Updated : 2 years, 10 months ago IST
Washington DC [US], Mar 17 (ANI): US President Donald Trump on Monday (local time) said that the country's economy "maybe" heading towards recession, even as the worldwide cases of the deadly coronavirus, which originated in China last year, continued to surge.